it measures the difference between the actual number of unites sold and the budgeted units sold. it's favorable when it's a negative number and unfavorable when it's a positive number.
Yes. You can measure liquid volume in milliliters. A graduated cylinder is used to measure liquid volume in millimeters, mL.
False. Kilograms measure mass. Liters measure volume.
In Civil engineering, Loose Measure Volume is the measure of the volume of a material after it has been dug up. In general, it will have a lower density than Bank Measure.
Volume.
This is volume of the Universe ! As an unit of measure the cubic metre and multiples.
Yes
Volume is a change in how many products you sell Price is a change in how much you charge for the product
extrax standard contribution per
for profit.........
volume variance relates to Fixed cost absorption, where as controllable variances arise due difference in actual variable spending per activity measure.
Negative price variance is when the cost is less than budgeted. Volume variance is a variance in the volume produce.
sales vol. variance= standard price(actual sales vol.- std sales vol.) eg.- A= 10(35000-20000)=150000(F) B=6(25000-30000)= 30000(A) F-A= 150000-30000=120000
SALES MIX VARIANCE= standard sales-revised std sales
No, the volume variance is controllable but not related to spending. The volume variance calculates the dollar impact of producing more or less than the budgeted production volume. No, the volume variance is controllable but not related to spending. The volume variance calculates the dollar impact of producing more or less than the budgeted production volume.
Variance
efficiency variance, spending variance, production volume variance, variable and fixed components
a + or a-