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In a previous lecture, a dynamic column chart was created to show variances. The colors of the bars and data labels changed based on whether they were on the positive or negative side of the axis. This color change was automatically controlled by Excel. The example used sales information for the actual year, with a normal column chart showing the change to the previous year below it. The variance bars were criticized for being too big and distracting from the data, suggesting that thinner bars would look better.