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The volume variance component (VVC) may be calculated as: The volume variance component (VVC) may be calculated as: (Budget unit price - actual unit price)

The volume variance component (VVC) may be calculated as: The volume variance component (VVC) may be calculated as: (Budget unit price - actual unit price) times actual volume (Actual volume - budget volume) times budget unit price Actual volume minus budget volume (Actual volume times actual unit price)-(budget volume times budget unit price)

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