Accounting Assignment Help With Sales Variances

Sales Variances

The Variances so far we learnt relate to cost of goods manufactured viz., material, labour and overheads. The purpose of variance analysis is complete unless sales variance is included in the presentation of information to management. Sales Variances are calculated by two methods viz., sales value method (or Turnover Method) and sales margin or profit method. Sales variances arise due to the changes in price and changes in sales volume. A change in value may be due to the change in quantity or a change in sales mix.

Sales variance can be understood with the help of the following chart:

Email Based Assignment Help in Sales Variances

Following are some of the topics in Standard Costing in which we provide help:

Standard Costing
Meaning of Standard Cost
Standard Cost and Estimated Costs
Concept of Standard Costing
Standard Costing and Budgeting
Variance Analysis
Classification of Variances
Direct Material Variances
Classification of Material Usage Variance

Direct Labour Variances
Classification of Labour Efficiency Variance
Labour Mix Variance
Overhead Variances
Fixed Overhead Variances
Classification of Fixed overhead volume
Sales Variances
Sales Value Variance