Discuss the use of budget variance analysis to understand residual income.
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Residual income is EBIT less ROI Total Assets The EBIT budget variance is the sum of sales COGS a...View the full answer
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Related Book For
Cost Management Measuring Monitoring And Motivating Performance
ISBN: 9781118168875
2nd Canadian Edition
Authors: Leslie G. Eldenburg, Susan Wolcott, Liang Hsuan Chen, Gail Cook
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