Indicate Whether Each of the Following Statements Is True or False

Short Answer

Indicate whether each of the following statements is true or false.
The amount of a sales volume variance is the difference between the static budget and a flexible budget based on actual volume.______
The sales volume variance measures managers' effectiveness in achieving the planned sales price for the company's products.______
Marketing managers are usually held responsible for the sales volume variance.______
If the planned sales volume was 25,000 units and the actual sales volume was 25,500 units,the sales volume variance was favorable.______
For marketing managers,"making the numbers" refers to reaching the budgeted sales volume.______