Question
Actual sales revenue in dollars is 14% higher than budgeted. Actual sales price is 20% higher than budgeted. Actual sales volume in units is 5%
Actual sales revenue in dollars is 14% higher than budgeted. Actual sales price is 20% higher than budgeted. Actual sales volume in units is 5% lower than budgeted. Actual input quantity per unit is 2% higher than budgeted. Actual input price is 4% lower than budgeted. Which of the following is true:
Group of answer choices
Sales volume variance is favorable and input efficiency variance is unfavorable
Sales volume variance is favorable and input efficiency variance is favorable
Not enough information
Sales volume variance is unfavorable and input efficiency variance is unfavorable
Sales volume variance is unfavorable and input efficiency variance is favorable
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