Differences in actual and budgeted sales volume will often lead to budget variances as variable costs vary according to volume.

Name: Differences in actual and budgeted sales volume will often lead to budget variances as variable costs vary according to volume.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Variable costs change with the level of production or sales volume, so differences between actual and budgeted sales volumes will typically result in variances from the budgeted amounts for these costs.

Differences in Actual and Budgeted Sales Volume Will Often Lead