Please answer ALL partial credit. questions. Choose the best answer for each que

Question

Please answer ALL partial credit. questions. Choose the best answer for each question. Show work to receive 1) The sales volume variance is the difference between the A) actual results and th B) (10 Points) e expected results in the flexible budget for the actual units sold the flexible budget for the actual units sold and the static budget expected results in C) static b D) dget and actual amounts due to differences in sales price flexible budget and static budget due to differences in fixed costs

Explanation / Answer

Option b is correct:

The difference between the expected results in the flexible budget for the actual units sold and the static budget.

Explanation

Sales volume variance=flexible budget-static budget.

To calculate the sales volume variance we subtract the static budget from flexible budget.

Flexible budget is based on the actual units sold and static budget costs.

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