Question
In an organization, the actual sales were ₹10 lakh
while the budgeted sales were ₹12 lakh. The cost was ₹6 lakh vs budgeted cost of ₹7 lakh. What is the sales volume variance?Solution
Sales volume variance = (Budgeted – Actual units) × Budgeted selling price Here, sales shortfall = ₹2 lakh → Adverse variance
Who has been sworn in as the 41st Prime Minister of New Zealand?
President Draupadi Murmu was recently honored with the highest civilian award of which country?
Which is the first fully constitution-literate district in India?
What was India’s GST collection in April 2025, the highest monthly collection recorded to date?
Recently which rural FinTech company had ties Up with IndusInd Bank to Enhance Digital Payments Ecosystem ?
Who has been enrolled in the Bar Council of the state as the first transgender lawyer in Kerala?
Which payment mechanism did SEBI introduce for secondary market trading?
Which greenhouse gas contributes to both warming and ozone depletion as mentioned in the WMO report?
Which is India's first long range revolver manufactured by Advanced Weapons and Equipment India (AWEIL) Kanpur?
When is the date of poll scheduled for the General Elections to Legislative Assemblies of Arunachal Pradesh and Sikkim, along with the General Election ...
