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Budget Variance Analysis - Sales Revenue: Requirement: Calculate and interpret sales revenue variance. Question: A company budgeted sales revenue of $100,000 but achieved actual sales

·Budget Variance Analysis - Sales Revenue:

  • Requirement: Calculate and interpret sales revenue variance.
  • Question: A company budgeted sales revenue of $100,000 but achieved actual sales revenue of $120,000. Calculate the sales revenue variance and explain whether it is favorable or unfavorable. 

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