Marsh, Inc. provides the following information: Actual Sales Static Budget Flexible Budget Sales Volume Variance Sales Revenue $560,000 $535,000 $450,000 ? Calculate the sales volume variance.

Sales volume variance is $ 85,000

Explanation:

Given dа ta:

Actual Sales Static Budget Flexible Budget Sales

Sales Revenue: $560,00 $535,000 $450,000

now,

the sales volume variance is calculated as:

Sales volume variance = Static budget variance - Flexible budget variance

on substituting the values in the above relation, we get

Sales volume variance = $ 535,000 - $ 450,000

or

Sales volume variance = $ 85,000

hence, the sales volume variance is $ 85,000