The sales quantity variance is calculated by (actual volume - budgeted volume) multiplied by standard price.

Question

Quizplus · Accepted Answer

The sales quantity variance is indeed calculated by taking the difference between the actual volume sold and the budgeted volume, and then multiplying that difference by the standard selling price per unit. This variance helps in analyzing the effect of the difference in the quantity sold from the planned quantity on the revenue.

The Sales Quantity Variance Is Calculated by (Actual Volume -