The sales price variance can be broken down into market size variance, market share variance and product mix variance.
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Q2: Variances for costs including material and labour
Q3: The sales price variance is calculated using
Q4: The revenue budget variance is determined by
Q5: The revenue budget variance cannot be caused
Q6: The profit variance includes variances due to
Q8: The sales price variance is favourable when
Q9: Revenue variance analysis can also be called
Q10: The flexible budget is equal to budgeted
Q11: The aggregation of favourable and unfavourable variances
Q12: The sales volume variance can be broken
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