The Total Variable Cost Flexible-Budget Variance for Any Given Period

Multiple Choice

The total variable cost flexible-budget variance for any given period:

A) Is the difference between actual total variable cost incurred and master budgeted total variable cost.
B) Is decomposable into sales-volume and sales-mix components.
C) Is decomposable into production-volume and production-mix components.
D) Can be broken down into flexible-budget variances for major costs such as materials,labor,variable overhead,and variable selling expenses.