Required: i. Prepare a statement showing September 2021 revenue and spending variances. ii. Comment on each variance
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Question:
Required:
i. Prepare a statement showing September 2021 revenue and spending variances.
ii. Comment on each variance of RM10,000 or more by suggesting possible reasons linking to the current economic situation for the variance reported in part a)
iii. Discuss the significant of variance analysis in cost management.
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