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How was the Taiping Uprising different from other peasant rebellions in China?
Volume Variances
are differences between the expected (budgeted) volumes of production or sales and the actual volumes, impacting revenue, costs, and profits.
Budget Variance
The difference between budgeted and actual amounts for a particular accounting category.
Volume Variance
The difference between actual and budgeted sales volumes, impacting the expected revenue or costs.
Actual Fixed Manufacturing Overhead
The real, incurred fixed costs associated with the production process, excluding variable costs, within a specific timeframe.
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