What is the formula managers use to calculate a sales variance percentage?
A) (Last period sales - This period sales) ÷ Last period sales = Sales variance %
B) (Last period sales - This period sales) x Last period sales = Sales variance %
C) (This period sales - Last period sales) ÷ Last period sales = Sales variance %
D) (This period sales - Last period sales) x Last period sales = Sales variance %
Correct Answer:
Verified
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