Variable costs per unit of volume increase when volume increases.
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Q23: Under standard costing direct materials are recorded
Q24: The direct materials efficiency variance compares the
Q25: The information required for the market size
Q26: Change in market size multiplied by budgeted
Q27: The product mix variance is only useful
Q29: The market share variance provides an indication
Q30: The direct materials efficiency variance is measured
Q31: The direct materials efficiency variance is favourable
Q32: When standard volume exceeds actual sales volume
Q33: The market share variance is calculated using
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