Question: Match the variance with the correct formula where AU = actual units, BU = budgeted units, AS = actual selling price per unit, BS =
Match the variance with the correct formula where AU = actual units, BU = budgeted units, AS = actual selling price per unit, BS = budgeted selling price per unit,
Group of answer choices
Sales Price Variance
[ Choose ] (Average market share % - budget market share %) times AU times Weighted Average Budget Cost per unit (AU - BU) times weighted average budgeted cost/unit (AS - BS) times AU (Actual market size units - Budgeted market size units) times Budget market share % times Weighted Average Budget Cost per unit
Sales Volume Variance
[ Choose ] (Average market share % - budget market share %) times AU times Weighted Average Budget Cost per unit (AU - BU) times weighted average budgeted cost/unit (AS - BS) times AU (Actual market size units - Budgeted market size units) times Budget market share % times Weighted Average Budget Cost per unit
Market Size Variance
[ Choose ] (Average market share % - budget market share %) times AU times Weighted Average Budget Cost per unit (AU - BU) times weighted average budgeted cost/unit (AS - BS) times AU (Actual market size units - Budgeted market size units) times Budget market share % times Weighted Average Budget Cost per unit
Market Share Variance
[ Choose ] (Average market share % - budget market share %) times AU times Weighted Average Budget Cost per unit (AU - BU) times weighted average budgeted cost/unit (AS - BS) times AU (Actual market size units - Budgeted market size units) times Budget market share % times Weighted Average Budget Cost per unit
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