During the closing process you determine the following has transpired for the product designer Solarian (the latest
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Question:
During the closing process you determine the following has transpired for the product designer Solarian (the latest vinyl flooring product from a well known manufacturer):
Material quantity variance: $55300 U
Material price variance: $62500 F
Total spend variance: $7200 F
From this information explain to the plant manager what happened on the line the past month and what impact it is going to have on the plants bottom line
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