Q513
An actual selling price is subtracted from budgeted selling price, and then multiplied to actual sold units to calculate
A.
profit variance
B.
investment variance
C.
cost variance
D.
selling price variance
AnswerAnswer: Option D
Solution
Answer: Option D
Solution:
An actual selling price is subtracted from budgeted selling price, and then multiplied to actual sold units to calculate selling price variance. Sales price variance measures the change in a company's total budgeted revenue to the actual revenue earned on a product.