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Another key part of NoTable's success is its designers, highly-paid artists who design the tables with and for customers. They currently have five designers, and one is assigned to each purchase...

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Another key part of NoTable's success is its designers, highly-paid artists who design the tables with and for customers. They currently have five designers, and one is assigned to each purchase order. They meet extensively with each of the customers and develop comprehensive specifications.


Production steps and required raw materials are specified with the highest level of detail. Accuracy of cost estimates are of utmost importance for NoTable given that they determine a table's price.


You receive data generated by NoTable's ERP system that show the estimated and actual labor and material cost in dollars for each production order (table). You can find these data in the PurchaseOrders worksheet. You are asked to analyze how accurate the design specifications are both overall and among designers.



  1. Determine and analyze the overall variances.

  2. Compare variances among designers.


Please download the Excel input file. complete your Excel file. create your Word file. and submit (upload) your completed Excel and Word files. I have uploaded everything needed, please make sure to answer it in EXCEL AND WORD FILES

Answered 3 days After Nov 19, 2023

Solution

Khushboo answered on Nov 23 2023
19 Votes
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