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:
“Make friends with the angels, who though invisible are always with you.... Often invoke them, constantly praise them, and make good use of their help and assistance in all your temporal and spiritual affairs.”
—St. Francis De Sales (1567–1622)
“Love is both Creator’s and Saviour’s gospel to mankind; a volume bound in rose-leaves, clasped with violets, and by the beaks of humming-birds printed with peach-juice on the leaves of lilies.”
—Herman Melville (1819–1891)
“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)