AlexGaming9455 AlexGaming9455
  • 25-04-2019
  • Business
contestada

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

Respuesta :

MsTeel
MsTeel MsTeel
  • 25-04-2019

Answer:

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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