answersLogoWhite

0

There are 7 variances associated with a budget ( which are generally calculated for controlling purposes) 1- Material Price variance 2- Material Quantity variance 3- Labor rate variance 4- Labor efficiency variance 5- Spending variance 6- Efficiency variance 7- Capacity variance

User Avatar

Wiki User

17y ago

Still curious? Ask our experts.

Chat with our AI personalities

BlakeBlake
As your older brother, I've been where you are—maybe not exactly, but close enough.
Chat with Blake
ProfessorProfessor
I will give you the most educated answer.
Chat with Professor
JudyJudy
Simplicity is my specialty.
Chat with Judy

Add your answer:

Earn +20 pts
Q: What factors causes Budget Variance?
Write your answer...
Submit
Still have questions?
magnify glass
imp