A companys operating costs are 60 per cent variable and 40 per cent fixed. Which of the
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A company’s operating costs are 60 per cent variable and 40 per cent fixed.
Which of the following variances’ values would change if the company switched from standard marginal costing to standard absorption costing?
(a) Fixed overhead expenditure variance
(b) Sales volume variance
(c) Variable overhead efficiency variance
(d) Direct material efficiency variance
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