Indicate Whether Each of the Following Statements Is True or False

Indicate whether each of the following statements is true or false.
_____ a) The amount of a sales volume variance is the difference between the static budget and a flexible budget based on actual volume.
_____ b) The sales volume variance measures managers' effectiveness in achieving the planned sales price for the company's products.
_____ c) Production managers are usually held responsible for the sales volume variance.
_____ d) If the planned sales volume was 25,000 units and the actual sales volume was 24,500 units, the sales volume variance was favorable.
_____ e) For marketing managers, "making the numbers" refers to reaching the budgeted sales volume.