A fixed budget performance report indicates a sales variance of $20,000 favorable.
The reason...
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Business, 15.04.2020 04:18 malikthomas
A fixed budget performance report indicates a sales variance of $20,000 favorable.
The reason for the variance:
A. is that the company sold more units than budgeted.
B. is that there was a combination of more units sold than budgeted and at a higher price than budgeted.
C. is that the company sold the budgeted number of units, but at a higher price per unit than budgeted.
D. cannot be determined from the fixed budget performance report.
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