The Total Operating-Income Variance for Any Period

Multiple Choice

The total operating-income variance for any period:

A) Is unaffected by variances between actual and budgeted sales volume.
B) Can be decomposed into a total flexible-budget variance and a sales-volume variance.
C) Can be decomposed into a total flexible-budget variance and a sales price variance.
D) Is equal to the sum of selling and administrative expense variances plus the total sales-volume variance for the period.
E) Equals the sum of the total flexible-budget variance plus the sales-mix variance for the period.