Page 378 - F2 - MA Integrated Workbook STUDENT 2018-19
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Chapter 15
Sales variances
3.1 Calculations
Sales price variance $
They did sell for (actual sales revenue) actual × actual X
Units sold should have (actual sales units × standard sales price per unit) Y
sold for actual × standard
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Sales price variance X – Y
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Sales volume variance
Actual sales volume X
Budgeted sales volume Y
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Sales volume variance (units) X – Y
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Standard contribution (MC) or standard profit (AC) per unit $
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Sales volume variance (X – Y) × $
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Variances will be favourable if Actual > Standard and adverse if Actual < Standard
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