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Commerce · Q499

Costing

Graduate and Post Graduate · Commerce · question 499

Q499

Flexible budget variance for revenues of company is classified as

A.
selling price variance
Answer
B.
investment variance
C.
profit variance
D.
primary variance

Answer: Option A

Solution

Answer: Option A
Solution:
Flexible budget variance for revenues of company is classified as selling price variance. Sales price variance measures the change in a company's total budgeted revenue to the actual revenue earned on a product.