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A favorable variance occurs on a performance report when ________. the actual cost is greater than the budgeted cost the actual revenue is less than
A favorable variance occurs on a performance report when ________.
the actual cost is greater than the budgeted cost
the actual revenue is less than the budgeted revenue
the actual profit is less than the budgeted profit
the actual profit is greater than the budgeted profit
________ Expense is driven by sales volume.
Rent
Insurance
Depreciation
Sales Commission
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