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Increases in the value of the product to each user, including existing users, as the total number of users rises is called:
Unfavorable Variance
A situation where actual costs exceed budgeted or expected costs.
Efficiency Variance
The difference between the actual input used in production and the standard input that was expected to be used.
Spending Variance
The difference between the actual amount spent and the budgeted amount for a category or period, indicating over or underspending.
Quantity Variance
The difference between the actual quantity of materials or labor used in production and the expected (or standard) quantity.
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