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21 September, 18:46

Marsh, Inc. provides the following information: Actual Sales Static Budget Flexible Budget Sales Volume Variance Sales Revenue $560,000 $535,000 $450,000 ? Calculate the sales volume variance.

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  1. 21 September, 20:14
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    Sales volume variance is $ 85,000

    Explanation:

    Given dа ta:

    Actual Sales Static Budget Flexible Budget Sales

    Sales Revenue: $560,00 $535,000 $450,000

    now,

    the sales volume variance is calculated as:

    Sales volume variance = Static budget variance - Flexible budget variance

    on substituting the values in the above relation, we get

    Sales volume variance = $ 535,000 - $ 450,000

    or

    Sales volume variance = $ 85,000

    hence, the sales volume variance is $ 85,000
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