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Find the variance for the given sample data. Round your answer to one more decimal place than the original data.
Euros
The official currency of 19 out of the 27 European Union countries, known as the Eurozone.
Purchase
The act of obtaining goods or services, often in exchange for money, to be used in the operation or activities of a business.
Inventory Costing
The method used to value inventory, including approaches like Last In, First Out (LIFO), First In, First Out (FIFO), and Weighted Average Cost.
Accounting Principles
The rules and guidelines that companies must follow when reporting financial data.
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