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Sales volume variance definition

Accounting Tools

What is a Sales Volume Variance? The sales volume variance is used to determine the change in the number of units sold over time. This variance is a good starting point for a deeper analysis of which products are selling, and the factors that may be influencing your sales. What Causes a Sales Volume Variance?

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Sales mix definition

Accounting Tools

One of the best ways for a company to improve its profits in a low-growth market where increases in market share are difficult to obtain is to use its marketing and sales activities to alter the sales mix in favor of those products having the largest amount of profit associated with them.

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Market share variance definition

Accounting Tools

Related Courses Cost Accounting Fundamentals What is Market Share Variance? Market share variance shows the impact of a change in market share on the profits of a business.

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Sales variance definition

Accounting Tools

What is a Sales Variance? A sales variance is the monetary difference between actual and budgeted sales. A favorable sales variance arises when the actual sales generated are higher than expected, while a negative variance occurs when actual sales are lower than expectations. This is known as the selling price variance.

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Sales mix variance definition

Accounting Tools

Related Courses Cost Accounting Fundamentals Effective Sales Management What is the Sales Mix Variance? The sales mix variance measures the difference in unit volumes in the actual sales mix from the planned sales mix. Aggregate this information to arrive at the sales mix variance for the organization.

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Market share definition

Accounting Tools

Related Courses Business Strategy Essentials of Marketing What is Market Share? Market share is an organization's percentage of the total sales in an industry. Market share can be based on either unit volume or sales volume. Related Articles How to Calculate Market Share Market Share Variance

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How to calculate beta

Accounting Tools

The beta of a stock is a measure of its price volatility in comparison to the volatility of the market. If beta equals 1, then its variability is exactly the same as that of the market as a whole. If the beta is higher than 1, then the price of a stock is more volatile than the market level.