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Which variance would be added to the flexible budget variance to arrive at the total static budget variance? a. Efficiency variance b. Price variance c. Sales mix variance d. Sales volume variance
d
d. Sales volume variance
D.
Total Static budget Variance = Total Flexible Budget Variance + Total Sales Volume Variance
Sales Volume Variance= Flexible Budget Variance-Static Budget Variance
Static Budget Variance=Flexible Budget Variance+Sales Volume Variance