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The budgetary control report of XYZ for the latest period is shown below. Variances in brackets are adverse.
What is the sales volume profit variance?
Suggested Answer: D
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38 comments · newest first
AL
Alfreda
11 months ago
I agree with the $38,200 adverse. Looks right based on the report.
RO
Rodolfo
11 months ago
I’m not sure about the $78,900 adverse option. Seems too high.
ER
Erinn
11 months ago
Wait, how can it be $18,700 favorable? That seems off.
IR
Irma
12 months ago
Definitely $37,200 adverse! Makes sense with the numbers.
CH
Christiane
12 months ago
I think the sales volume profit variance is $38,200 adverse.
CA
Casie
12 months ago
I think the answer could be $37,200 adverse, but I’m not completely confident. I need to double-check my calculations.
TH
Thad
1 year ago
I feel like I might be overthinking this. I remember something about how to adjust for fixed and variable costs, but I can’t recall the exact steps.
KI
King
1 year ago
This question seems similar to one we did in class about variances. I think the adverse variances might be affecting the profit calculation.
SK
Skye
1 year ago
I remember we practiced calculating sales volume profit variance, but I’m not sure if I got the formula right.
GI
Gilma
1 year ago
I've got this! The sales volume profit variance is clearly listed as $38,200 adverse, so the answer is C.
FR
Frank
1 year ago
The sales volume profit variance is the key piece of information they're asking for. I just need to find that number in the data and select the corresponding answer.
JA
Jamal
1 year ago
Ugh, variance analysis is not my strong suit. I'll have to really focus on breaking this down step-by-step.
DA
Dalene
1 year ago
Okay, let me take a closer look at the data here. I want to make sure I understand the different variances before I jump to an answer.
BE
Bea
1 year ago
Hmm, this looks like a straightforward variance analysis question. I think I can handle this one.
KA
Katie
1 year ago
I heard the accountants at XYZ are so good, they can make a profit variance disappear faster than a magic trick! Now, where's my calculator?
LO
Long
1 year ago
I'm not sure, but they better start working on a plan to address it.
WA
Walton
1 year ago
Do you think XYZ will be able to recover from such a large adverse variance?
HE
Helga
1 year ago
I know, it's crazy how much it can impact the overall budget.
AM
Ammie
1 year ago
Wow, that sales volume profit variance is huge!
NO
Noah
1 year ago
Okay, let me see here... The sales volume profit variance is $37,200 adverse. Wow, I really need to brush up on my budgetary control report reading skills!
VA
Vashti
1 year ago
Gwen: Thanks for the encouragement, I'll keep working on it.
GW
Gwen
1 year ago
User 2: Yeah, it takes practice to get the hang of it.
LA
Lashon
1 year ago
User 1: Don't worry, budget reports can be tricky to understand sometimes.
LE
Leota
1 year ago
Aha! The sales volume profit variance is $78,900 adverse. That's the one in the brackets, right? I'm pretty confident about this one.
CH
Cherry
1 year ago
You nailed it! The sales volume profit variance is $78,900 adverse.
KA
Kathrine
1 year ago
That's right, it's the one in brackets. Good job on identifying it!
KI
King
1 year ago
Yes, you are correct. The sales volume profit variance is indeed $78,900 adverse.
HE
Henriette
2 years ago
Wait, is this a trick question? I thought the sales volume profit variance was supposed to be favorable, not adverse. Hmm, I better double-check my work.
ON
Ona
1 year ago
Merissa: Let's review the calculations again to be sure.
FE
Fernanda
1 year ago
User 3: I'm pretty sure it's D) $37,200 adverse.
ME
Merissa
1 year ago
User 2: No, I believe it's C) $38,200 adverse.
MA
Marcelle
1 year ago
User 1: I think the answer is B) $78,900 adverse.
JU
Judy
2 years ago
The sales volume profit variance is clearly $38,200 adverse, as shown in the report. Choice C is the correct answer.
ME
Melissia
1 year ago
That's correct, it's clearly shown in the report.
LA
Lakeesha
1 year ago
I agree, the sales volume profit variance is $38,200 adverse.
DA
Darnell
2 years ago
But the sales volume profit variance is calculated by multiplying the actual sales volume by the difference between the actual profit per unit and the budgeted profit per unit. So, I still think it's B.
TE
Tegan
2 years ago
I disagree, I believe the correct answer is C) $38,200 adverse.
DA
Darnell
2 years ago
I think the answer is B) $78,900 adverse.