Identify which of the statements below is not a reason why actual results would differ from those projected in the master budget.
A)Current period projected sales volume differed from the prior period projection.
B)Actual sales volume differed from projected sales volume.
C)Variable costs per unit differed from expected amounts.
D)Actual fixed costs were different than expected.

Question

Quizplus · Accepted Answer

The statement "Current period projected sales volume differed from the prior period projection" is not a reason why actual results would differ from those projected in the master budget. The other statements (B, C, and D) are all potential reasons for differences between actual results and projected results.

Identify Which of the Statements Below Is Not a Reason