A Sales Mix Variance

question 47

Multiple Choice

A sales mix variance:

• A)If unfavorable, indicates that a greater percentage of products with higher contribution margins are being sold than were budgeted.
• B)Indicates which products are having a negative impact on profits.
• C)Reports the effect on profits due to a change in the sales mix from the master budget.
• D)Reports the effect on profits due to an overall change in sales quantity.

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Definitions:

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Is the degree to which procedures yield consistent results.

Generalizability

The extent to which findings from a particular study or research can be applied across different settings, populations, or contexts.

Validity

The degree to which a test, tool, or research accurately measures or assesses what it claims to measure.