Question: Variance analysis Perform a basic variance analysis for Mike Tire Manufacturing. Flexible BudgetActual CostFlexible Budget Variance Direct Materials$75,500$74,000 Direct Labor101,250104,650 Variable overhead 34,50033495 Total Manufacturing

Variance analysis Perform a basic variance analysis for Mike Tire Manufacturing.

Flexible BudgetActual CostFlexible Budget Variance

Direct Materials$75,500$74,000

Direct Labor101,250104,650

Variable overhead34,50033495

Total Manufacturing Cost $211,250$212145

I am not understanding how to perform a basic variance analysis...jQuery22401752342644619196_1588521205795?

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