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Price Variance

=Actual dollar sales-(units sold x budgeted unit price)

Volume Variance

=(Actual units sold x budgeted average unit


contribution margin)-Budgeted contribution margin

Mix Variance

=(Average unit margin for units sold-Average unit margin


for budgeted units) x Actual units sold

Cost Variance

=Budgeted fixed costs - Actual fixed costs

Sales-Mix
Variance =

Actual
Actual
Units of
X Sales-Mix
All
Percentage
Products
Sold

Budgeted
Sales-Mix X
Percentage

Budgeted
Contribution
Margin per Unit