Business, 06.05.2020 22:59 bell777

A fixed budget performance report indicates a sales variance of $20,000 favorable.

The reason for the variance:

A. is that the company sold more units than budgeted.

B. is that there was a combination of more units sold than budgeted and at a higher price than budgeted.

C. is that the company sold the budgeted number of units, but at a higher price per unit than budgeted.

D. cannot be determined from the fixed budget performance report.

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A fixed budget performance report indicates a sales variance of $20,000 favorable.

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