1) Standard Costing and Information Technology” Please respond to the following: (140 words appx)
• Suggest How UPS management can use the real-time variance data analysis to improve operations.
•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)
•Suggest how management can utilize variance analysis in improving the efficiency of activities during the manufacturing process.
•Create a plan to address efficiency variances at the batch level during the manufacturing process