1) Standard Costing and Information Technology Please respond to the following:

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 investigation2) 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

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