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Which of the following is correct regarding sales activity variance? 1. Sales activity variance is driven by the volume difference between actual results and flexible
Which of the following is correct regarding sales activity variance? 1. Sales activity variance is driven by the volume difference between actual results and flexible budget. 2. Variable costs are expected to decrease when volume is higher than planned. 3. Sales activity variance is the difference between operating profit in the master budget and operating profit in flexible budget. 4. Sales activity variance can be seen on the master budgets profit-volume line.
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