The Statement Concerning the Product Mix Variance That Is True

question 55

Multiple Choice

The statement concerning the product mix variance that is true is:

• A) It provides an indication of changes in contribution margin caused by selling in a different product mix from the planned mix
• B) This variance is only relevant when the products involved are substitute products
• C) It is calculated as change in Average standard contribution margin x Actual unit volume
• D) All of the statements are true

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