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May 31, 2023

Why do corporations use variance analysis? Explain how managers compute material variance and labor variance. Q2. Assume that you are preparing a Master Budget for a reputed co

Q1. Why do corporations use variance analysis? Explain how managers compute material variance and labor variance.

Q2. Assume that you are preparing a Master Budget for a reputed corporation. Bring out numerical examples on the complete master budget of the corporation.

Answers:

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