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La Boulangerie Artisanale prepared a budget for the production of baguettes, estimating sales revenue of 20,000 and variable costs of 8,000. Actual sales revenue amounted
La Boulangerie Artisanale prepared a budget for the production of baguettes, estimating sales revenue of €20,000 and variable costs of €8,000. Actual sales revenue amounted to €19,500, and actual variable costs were €8,500. Calculate the sales revenue variance and variable cost variance, and discuss the reasons for the variances.
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