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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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What is the difference between VWAPY and VWAGY?

The main difference between VWAPY and VWAGY is that VWAPY represents the volume-weighted average price of a stock for the entire year, while VWAGY represents the volume-weighted average price of a stock for the entire day.


What is the difference between stock volume and average volume?

Stock volume refers to the total number of shares traded in a particular stock on a given day, while average volume is the average number of shares traded over a specific period of time, such as 30 days.


What is the relationship between bid volume and ask volume in the stock market?

The relationship between bid volume and ask volume in the stock market is that the bid volume represents the number of shares investors are willing to buy at a certain price, while the ask volume represents the number of shares investors are willing to sell at a certain price. These two volumes help determine the supply and demand for a stock, which can influence its price movement.


What are the differences between quantitative and qualitative credit control measures in banks?

The main difference between the general and selective credit control methods is that the former influence the cost and overall volume of credit granted by banks. They affect credit related to the whole economy whereas the selective controls affect the flow of credit to only specified sector of the economy, wherein speculative tendency and rising trend of prices, due to excessive bank credit, is noticed.


What is the difference between mastercard and visa card?

Visa and MasterCard are two different companies that issue credit cards. The credit card companies charge different 'per transaction' fees depending on the volume of sales of a particular retailer. Visa and MasterCard are simply the company and network that provides the instrument with which you use to make the charge. Basically i prefer visa virtual credit card.

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


How do you calculate production volume variance?

Production volume variance is calculated by taking the difference between the actual production volume and the budgeted production volume, then multiplying that difference by the standard fixed overhead rate per unit. The formula is: [ \text{Production Volume Variance} = (\text{Actual Units Produced} - \text{Budgeted Units}) \times \text{Standard Fixed Overhead Rate per Unit} ] This variance helps to assess how well the actual production aligns with planned production levels and the impact on fixed overhead costs.


What does a sales volume variance measure?

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.


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-


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

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


What is the static-budget variance of operating income?

The static-budget variance of operating income is the difference between the actual operating income and the budgeted operating income based on the original static budget. This variance helps businesses assess their performance by highlighting discrepancies caused by factors such as changes in sales volume, costs, or efficiency. A favorable variance indicates better-than-expected performance, while an unfavorable variance signals potential issues that may need to be addressed. Analyzing this variance allows management to make informed decisions for future budgeting and operational strategies.


What is the volume of a toothbrush?

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