it measures the difference between the actual number of unites sold and the budgeted units sold. it's favorable when it's a negative number and unfavorable when it's a positive number.
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A sales volume variance measures the difference between the actual quantity of units sold and the budgeted quantity of units sold, multiplied by the standard selling price. It indicates the impact of changes in sales volume on a company's revenue and is used to assess the effectiveness of sales strategies and forecasts.
Idle capacity variance is typically due to a decrease in the volume of production. When actual production falls short of the standard capacity, idle capacity variance occurs because resources are not being fully utilized.
Yes. You can measure liquid volume in milliliters. A graduated cylinder is used to measure liquid volume in millimeters, mL.
No, kilograms are not used to measure volume. Kilograms are a unit of mass, while volume is typically measured in units like liters or cubic meters.
This is volume of the Universe ! As an unit of measure the cubic metre and multiples.
Miles measure length, square miles measure area, and cubic miles measure volume.