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  3. 4) a favorable variance indicates that ________. a

4) A favorable variance indicates that ________. A) budgeted costs are less than actual costs...

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Accounting

4) A favorable variance indicates that ________.

A) budgeted costs are less than actual costs

B) actual revenues exceed budgeted revenues

C) actual operating income is less than the budgeted amount

D) budgeted contribution margin is more than the actual amount

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