What is the Sales Volume Variance

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Question - Thena Inc. provided the following information from the accounting division of the firm:

Budgeted sales amounted P100,000 less than the actual sales· Budgeted sales price at actual quantity sold is P400,000

Actual Gross Profit is P100,000 and the gross profit ratio is 20%.

What is the Sales Volume Variance under 4-way gross profit analysis?

Reference no: EM133053840

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