Question: When considering the two-variable analysis, it is important to know that the two-variance method a. sacrifices a lot of information. b. requires knowledge of actual

When considering the two-variable analysis, it is important to know that the two-variance method

a. sacrifices a lot of information.

b. requires knowledge of actual variable and actual fixed overhead.

c. is recommended over the three-variance and four-variance methods.

d. illustrates that the budget variance of the three-variance method breaks down into spending and efficiency variances.

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