Loose Leaf For Managerial Accounting for Managers
Loose Leaf For Managerial Accounting for Managers
6th Edition
ISBN: 9781264445394
Author: Noreen, Eric, BREWER, Peter, Garrison, Ray
Publisher: McGraw Hill
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Chapter 9, Problem 9.7Q
To determine

Introduction: A variance refers to the difference between planned and actual performance, which represents the overall positive or negative output or performance of the company. Revenue is the earnings of a business that is earned by selling goods and services.

To explain: The revenue variance and its meaning.

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