Q322
Difference between static budget amount and flexible budget amount is named as
A.
sales mix variance
B.
sales volume variance
AnswerC.
flexible budget variance
D.
static budget variance
Answer: Option B
Solution
Answer: Option B
Solution:
Difference between static budget amount and flexible budget amount is named as sales volume variance. Sales volume variance is the change in revenue or profit caused by the difference between actual and budgeted sales units.