Write a report on the Sales Variance Analysis with revenue analysis , recommendation and conclusion.
SAMPLE PAPER :
Introduction
There are many procedures of doing variance analysis. These methods range from simple and straightforward to the very sophisticated and complex methods.
Variances are divided & sub divided into various categories by the techniques of cost accounting methods. However, a single variance can be also analysed as a group of various other variances with the help of the cost & quality factors associated with them.
These variances can be both favorable & unfavorable. The variances are favorable when it results in an extra profit when compared with the budget & the variances are unfavorable when it leads to loss when compared with the budget.
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