The Sales-Volume Variance Equals

question 13

Multiple Choice

The sales-volume variance equals:

• A) (actual sales volume - budgeted sales volume) × actual sales price.
• B) (actual sales volume - budgeted sales volume) × actual contribution margin.
• C) (actual sales volume - budgeted sales volume) × budgeted sales price.
• D) (actual sales price - budgeted sales price) × budgeted sales volume.
• E) (actual sales price - budgeted sales price) × fixed-overhead volume variance.

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Definitions:

Succession Problem

The challenge an organization faces in identifying and preparing new leaders to replace those who are leaving.

Equally Capable

Being as competent or skilled in particular tasks or fields as others.

General Managers

Managers who are responsible for complex, multifunctional units.

Lack of Marketing Control

This refers to a situation where a business is unable to influence its marketing environment effectively, often resulting in missed opportunities or decreased market share.