Question: L 0 3 , 4 SE 1 1 - 5 . Of the following pairs of variances found in a flexible budget report, which pair
L SE Of the following pairs of variances found in a flexible budget report, which pair is most likely to be related?
a Materials price variance and variable overhead efficiency variance.
b Labor rate variance and variable overhead efficiency variance.
c Materials usage variance and labor efficiency variance.
d Labor efficiency variance and fixed overhead volume variance.
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