The difference between actual volume sold and expected volume sold multiplied by expected price is called the:
A)sales price variance.
B)sales volume variance.
C)total sales variance.
D)sales efficiency variance.

Question

Quizplus · Accepted Answer

The difference between actual volume sold and expected volume sold is the sales volume variance, and when multiplied by the expected price, it gives the total sales variance. The sales price variance measures the difference between the actual price and expected price for each unit sold, while the sales efficiency variance calculates the difference between the actual and expected costs of selling.

The Difference Between Actual Volume Sold and Expected Volume Sold