Sales Volume Variance
Sales Volume Variance is calculated as: budgeted individual product contribution margin per unit*(actual sales volume-budgeted sales volume)
Sales Volume Variance is further sub-divided into two variances.
- Sales Mix Variance
- Sales Quantity Variance
Read more about this topic: Sales Variance
Famous quotes containing the words sales, volume and/or variance:
“The elephant, not only the largest but the most intelligent of animals, provides us with an excellent example. It is faithful and tenderly loving to the female of its choice, mating only every third year and then for no more than five days, and so secretly as never to be seen, until, on the sixth day, it appears and goes at once to wash its whole body in the river, unwilling to return to the herd until thus purified. Such good and modest habits are an example to husband and wife.”
—St. Francis De Sales (1567–1622)
“The other 1000 are principally the ‘old Yankee stock,’ who have lost the town, politically, to the Portuguese; who deplore the influx of the ‘off-Cape furriners’; and to whom a volume of genealogy is a piece of escape literature.”
—For the State of Massachusetts, U.S. public relief program (1935-1943)
“There is an untroubled harmony in everything, a full consonance in nature; only in our illusory freedom do we feel at variance with it.”
—Fyodor Tyutchev (1803–1873)