The revenue budget variance can be broken down into the sales-price variance and the revenue-sales volume variance.

Question

Quizplus · Accepted Answer

The revenue budget variance is indeed typically analyzed by breaking it down into two main components: the sales-price variance, which assesses the difference between the actual selling price and the budgeted selling price, and the sales-volume variance, which evaluates the difference between the actual quantity sold and the budgeted quantity sold.

The Revenue Budget Variance Can Be Broken Down into the Sales-Price