Economics · Management Accounting
How is a selling price variance calculated?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1The difference between actual units sold and the budgeted quantity, valued at the standard selling price
- 2The difference between the actual units sold and the budgeted quantity, valued at the standard profit per unit
- 3The difference between budgeted and actual sales revenue
- 4The difference between what the sales revenue should have been for the quantity sold, and what it actually was✓
Correct answer
The difference between what the sales revenue should have been for the quantity sold, and what it actually was
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