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17 April, 07:07

Which type of variance causes operating income to be lower than the budgeted operating income?

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  1. 17 April, 07:55
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    Favorable Variance

    Explanation:

    Any difference between predicted costs and actual costs is refereed to as variance. Favorable variance means the difference was in the company's favor because they predicted one level of income but actually made a higher income than expected.
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