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1) Standard Costing and Information Technology” Please respond to the following: (140 words appx)
â€¢ Suggest How UPS management can use the real-time variance data analysis to improve operations.
â€¢Evaluate the potential risk that management may encounter by relying on the real-time data, without further investigation
2) “Variance Analysis and Activity-Based Costing” Please respond to the following: (140 words appx)
â€¢Suggest how management can utilize variance analysis in improving the efficiency of activities during the manufacturing process.
â€¢Create a plan to address efficiency variances at the batch level during the manufacturing process