Assume the static budget sales revenue is $69,000 and the flexible budget sales revenue is $70,000.If the actual sales price is $6 and the budgeted sales price is $6.50,what is the sales volume variance?
A) $1,000 favorable
B) $1,000 unfavorable
C) $6,000 favorable
D) $6,500 unfavorable
Correct Answer:
Verified
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Q36: Variances are labeled as
A)Avoidable or unavoidable.
B)Favorable or
Q38: An unfavorable variance is a variance that
A)Increases
Q39: Most companies monitor their performance
A)Monthly.
B)Weekly.
C)Daily.
D)All of these
Q40: A favorable variance is a variance that
A)Increases
Q42: The sales volume variance reflects
A)How efficiently the
Q43: Assume the actual sales volume is 69,000
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Q45: The sales volume variance is influenced most
Q46: Which of the following is not a
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