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Negative price variance is when the cost is less than budgeted.

Volume variance is a variance in the volume produce.

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Q: What is the difference between negative price variance and volume variance?
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Related questions

Is there any difference between sales volume variance and Sales Quantity Variance?

Yes


What is the difference between a sales volume variance and a sales price variance?

Volume is a change in how many products you sell Price is a change in how much you charge for the product


What does a sales volume variance measure?

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.


If the controllable overhead variance is favorable the overhead volume variance?

volume variance relates to Fixed cost absorption, where as controllable variances arise due difference in actual variable spending per activity measure.


Is the volume variance a controllable variance from a spending point of view?

No, the volume variance is controllable but not related to spending. The volume variance calculates the dollar impact of producing more or less than the budgeted production volume. No, the volume variance is controllable but not related to spending. The volume variance calculates the dollar impact of producing more or less than the budgeted production volume.


What are the variances in a 4 variance analysis?

efficiency variance, spending variance, production volume variance, variable and fixed components


What causes a volume variance?

a + or a-


The difference between pitch and volume?

The difference between pitch and volume is pitch is tone, and what a sound is, and volume is how loud a sound is.


What is the difference between 10 and 20 volume creme developer?

What is the difference between 10 and 20 volume creme developer?


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The volume is the same as the difference between a orange.


Is the materials price variance the least significant from a standpoint of cost control?

NO - Fixed Overhead Volume Variance


What is the difference between specific volume and volume?

Question is not clear...what do you mean?