The Sales-Volume Variance Is Due To

question 78

Multiple Choice

The sales-volume variance is due to:

• A)poor production performance.
• B)using a different selling price from that budgeted.
• C)inaccurate forecasting of units sold.
• D)Both A and B are correct.

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Definitions:

Equal Annual Payments

Regular payments of the same amount made over a specified period of time.

First Payment

The initial amount paid at the start of a payment plan or schedule, such as for a loan or lease.

Compounded Monthly

Compounded monthly refers to the process of calculating interest on the principal and previously earned interest on a monthly basis.

Car Loan

A financial loan specifically used to purchase a car, typically secured against the vehicle itself and paid back over a set period.