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11. Know how to compute a volume variance What type of costs do we compute volume variances for? 12. Give 3 reasons why Flexible Budgets

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11. Know how to compute a volume variance What type of costs do we compute volume variances for? 12. Give 3 reasons why Flexible Budgets are useful planning tools: a. b. C. 13. Who is responsible for a sales volume variance? 14. When would a project be accepted using residual income? 16. Know the formula for ROI: Problems

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