Question: please need accurate answer for this question thanks 1 Discuss the following problems about labor variances: (1) Our workers are all under labor contracts; therefore,

please need accurate answer for this question thanks please need accurate answer for this question thanks 1 Discuss the following

1 Discuss the following problems about labor variances: (1) "Our workers are all under labor contracts; therefore, our labor rate variance is bound to be zero." Discuss. (5 marks) (2) Why can undue emphasis on labor efficiency variances lead to excess work in process inventories

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