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👉 Variance Analysis Explained with Example in Under 1 Minute | Quick Concept Series – Day 7
📊 Ever planned something with a budget and timeline… but in reality, it cost more or took longer? That difference between the Standard (planned) and the Actual (what happened) is called a Variance. Studying these differences in materials, labour, overheads, fixed and variable costs is known as Variance Analysis. It helps businesses control ...
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