Q319
Difference between budgeted contribution margin for actual sales mix and budgeted sales mix is called
A.
sales quantity variance
B.
cost mix variance
C.
volume mix variance
D.
sales mix variance
AnswerAnswer: Option D
Solution
Answer: Option D
Solution:
Difference between budgeted contribution margin for actual sales mix and budgeted sales mix is called sales mix variance. Sales mix variance is the difference between a company's budgeted sales mix and the actual sales mix. Sales mix is the proportion of each product sold relative to total sales.