Marsh, Inc. provides the following information:
Calculate the sales volume variance.
A) 30,500 F
B) 30,500 U
C) $76,000 U
D) $106,500 F
C) $76,000 U
Explanation: Sales Volume Variance = Flexible Budget - Static Budget
Sales Volume Variance = $450,000 - $526,000 = $76,000
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