For each resource, calculate and label the differences between actual cost and the unnamed middle comparison point, as well as the differences between the unnamed middle comparison point and the flexible budget. Be sure to specify the name, amount, and sign of these variances. Concord was closing up shop for the season and for the fiscal year-end, as well. Managers had carefully evaluated the companys performance, comparing the actual results to budget. They even duga little decper into the flexible budget variances to determine the respective price and efficiency (or volume) variances. The following shows the framework used to determine these variances although you'll notice that they neg/ected to label the diflerences. Record the journal entry to write off these variances directly to COGS this period. ICredit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry' for the account titles and enter O for the amounts. List all debit entries before credit entries. For each resource, calculate and label the differences between actual cost and the unnumed middic comparison point, as well as the differences between the unnamed middle comparison point and the flexible budget. Be sure to specify the name, amount, and sign of these variances. Question 8 of 10 0.66/1.5 Du Etheiency Variance Foxed MOH Volume Variance DMEfficiency Voriance DL Price Variance Variable-MOH Price Variance Variable-MOH Efficiency Variance Foed MOH Price Variance 1600 eTextbook and Media List of Accounts Savefor Later Last saved 1 second ago. Attempts: 1 of 4 used Submit Anwaer Saved work wall be auto-submitted on the due date. Auto