Revenue drivers include competition, market share and brand strength.
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Q14: The use of standards assists managers to
Q15: The sales price variance reflects the difference
Q16: The static budget is equal to budgeted
Q17: The sales price variance is caused by
Q18: The only variance for overhead is the
Q20: Total budgeted revenues can be calculated using
Q21: The total direct labour variance can be
Q22: The static budget compared to the flexible
Q23: Under standard costing direct materials are recorded
Q24: The direct materials efficiency variance compares the
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