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Total Static Budget Variance:

Which variance would be added to the flexible budget variance to arrive at the total static budget variance? a. Efficiency variance b. Price variance c. Sales mix variance d. Sales volume variance

Budgeting Financial Reporting Financial Accounting Financial Analysis Management
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Question added by Anayatullah Tahir , Finance Manager , Etqan Projects
Date Posted: 2014/03/24
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Mir Mujtaba Ali
by Mir Mujtaba Ali , Internal Audit Manager , Confidential

d

Muhammad Zubair
by Muhammad Zubair , CFO / Chief Accountant , RH Group

d. Sales volume variance

Ahmed Abdi Mahad
by Ahmed Abdi Mahad , Director of Internal Auditing Directorate , Jigjiga University

choice D, sales volume variance is the right answer

Prashant Nair
by Prashant Nair , Commercial Finance- Control Manager , American Garden

D.

Total Static budget Variance = Total Flexible Budget Variance + Total Sales Volume Variance

Abid Waheed
by Abid Waheed

Sales Volume Variance= Flexible Budget Variance-Static Budget Variance

 

Static Budget Variance=Flexible Budget Variance+Sales Volume Variance

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