Have exam tomorrow

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July 25, 2019 at 7:47 pm #524915
ilham9089
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Hi sir,
does total expenditure variance and total volume variance relate to only the profit/loss or to the costs?
July 26, 2019 at 9:43 am #524942
John Moffat
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Expenditure variance relates to the costs (which therefore affect the profit).
With regard to the volume variance, it depends whether you mean the sales volume variance of the fixed overhead volume variance.

Have you watched my free lectures on variances?
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