Difference between budgeted contribution margin for actual sales mix and budgeted sales mix is called
A. sales quantity variance
B. cost mix variance
C. volume mix variance
D. sales mix variance
Answer: Option D
Solution(By Examveda Team)
Difference between budgeted contribution margin for actual sales mix and budgeted sales mix is called sales mix variance. Sales mix variance is the difference between a company's budgeted sales mix and the actual sales mix. Sales mix is the proportion of each product sold relative to total sales.Related Questions on Management Accounting
A. resourcing
B. value acquiring
C. production
D. value acquaintance
Examining of past performance, exploring alternative and planning future is
A. learning
B. alternating
C. examining
D. deciding
Time that a company takes to create and produce a new product is classified as
A. management factor
B. time factor
C. customer factor
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B. help banks make decisions
C. help managers make decisions
D. help investors make decision
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