ACTG 360 Sales Variances
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5 Terms
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How to find all the variances.
Start with:
Actual money
Budgeted money
Actual units
Budgeted units
Flexible budget=Budgeted money*actual units sold/Budgeted units sold
Fixed mixed budget=Budgeted money*Total actual units/Budgeted actual units.
Sales mix variance=Flexible budget-fixed mixed budget
Sales quantity variance=Fixed mixed budget-budgeted money
2
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Flexible budget
Budgeted money*actual units sold/Budgeted units sold
3
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Fixed mixed budget
Budgeted money*Total actual units/Budgeted actual units.
4
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Sales mix variance
Flexible budget-fixed mixed budget
5
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Sales quantity variance
Fixed mixed budget-budgeted money
Note 
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