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A favorable sales-mix variance arises

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A favorable sales-mix variance arises TRUE/FALSE 1. The flexible-budget variance is the difference between an actual result and the flexible-budget amount based on the level of output actually achieved in the budget period. 2. Additional insight can be gained by dividing the sales-mix variance into the flexible-budget variance and the sales-volume variance. 3. A favorable sales-mix variance arises when the actual sales-mix percentage is less than the budgeted sales-mix percentage. 4. A composite unit is a hypothetical unit with weights based on the mix of individual units. 5. The sales-mix variance can be explained in terms of the budgeted contribution margin per composite unit of the sales mix. Business Management Assignment Help, Business Management Homework help, Business Management Study Help, Business Management Course Help

A favorable sales-mix variance arises

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