Reference no: EM132867101

Question 1: One of the general reasons why an unfavorable sales volume variance occur in gross profit variance analysis is:

Option 1: the figures are not properly accounted for.

Option 2: the company's product is not properly marketed.

Option 3: the raw materials used are overpriced.

Option 4: the finished product is over priced.

Option 5: the accounts are taking too long to collect.

Question 2: What do you call the variance that arises solely because the actual units sold differs from the budgeted units to be sold?

Option 1: Sale price variance

Option 2: Sales volume variance

Option 3: Sales mix variance

Option 4: Answer not given