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You notice a favorable EBIT variance. Which of the following could have contributed to it? (Select all that apply.) Group of answer choices: A change
You notice a favorable EBIT variance. Which of the following could have contributed to it? (Select all that apply.)
Group of answer choices:
A change in tax laws that caused a variance in income tax expense
Lower than budgeted revenues with increased unit costs
Higher than budgeted revenues with decreased unit costs
Favorable interest rates reduced the amount of interest expense the company had to pay
Lower than budgeted operating expenses with revenue and gross margin on budget
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