Question
Asked Dec 24, 2019
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What are two possible sources of information a company might use to compute the budgeted amount in variance analysis?

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Expert Answer

Step 1

Variance Analysis:

 

Variance analysis is the process of ascertaining the deviations between actual and planned output.

Step 2

The sources of information for computing the budgeted amount in variance analysis are:

  • Actual input dat...

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