In this variance calculation, what does BIQ, AIQ and BIP mean? What… In this variance c

In this variance calculation, what does BIQ, AIQ and BIP mean? What… In this variance calculation, what does BIQ, AIQ and BIP mean? What is an “As-If” budget? Is there another term for this? Thanks Image transcription textPractice calculating variances: taly Region, 2009 Results Profit Plan Actual Variance Volume (o00) Euros [Doo)Volume (090) Euros (ooo] Sales Data Sales ice cream (litres) 2,453 10,967 11.10 Sales specialties (litres) 2 232275 2.253 21 Total Sales 2,725 13,19 15,359 Cost of Goods Sold Cast ice cream Dairy ingredients … Show more… Show more Accounting Business Managerial Accounting BA 220 Share QuestionEmailCopy link