Examlex
The sales volume variance is the difference between the static budget and the flexible budget amounts, and is caused by actual sales volume being different than budgeted sales volume.
Variable Costs
Those costs, primarily labor and materials, that vary with production volume.
Profit
The financial gain obtained when the amount of revenue gained from a business activity exceeds the expenses, costs, and taxes needed to sustain the activity.
Market Competitiveness
The ability of a company or product to compete effectively in the marketplace based on factors like price, quality, and innovation.
Market Access
The conditions and barriers that a company faces when trying to enter a new market or industry, including regulatory, policy, and trade barriers.
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