Asked by Karen Gonzales on Jul 21, 2024
Verified
What are sales variances? How are they used?
Sales Variances
The differences between actual sales and budgeted or projected sales, often analyzed to assess performance.
- Comprehend and compute variances in sales price and volume.
Verified Answer
MA
Margaret Ann DeuthJul 26, 2024
Final Answer :
Sales variances reflect differences in price and volume of sales from expected amounts.They allow management to focus on price and volume changes to assess product or service activities.These variances are especially useful in assessing companies with multi-product sales lines.
Learning Objectives
- Comprehend and compute variances in sales price and volume.
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