Question: Variance analysis compares. practical standards and ideal standards. static budgets and flexible budgets standard costs and actual costs product costs and period costs. The difference

 Variance analysis compares. practical standards and ideal standards. static budgets and

Variance analysis compares. practical standards and ideal standards. static budgets and flexible budgets standard costs and actual costs product costs and period costs. The difference between operating income on a company's flexible budget and operating income on its static budget is called the: sales volume variance efficiency variance standard variance. flexible budget variance

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