Question

The difference between the actual total revenue and what the total revenue should have been, given the actual level of activity for the period is called a(n)____________ variance.

Answer 1

The difference between the actual total revenue and what the total revenue should have been, given the actual level of activity for the period is called activity variance.

Activity variance are the differences between the static/making plans price range and the flexible finances and are because of the distinction between deliberate and actual hobby ranges.

what is sales activity variance?

Activity variance is the difference between actual sales and budgeted sales. it's miles used to degree the performance of a income function, and/or analyze enterprise effects to better understand marketplace conditions.

What is activity variance in managerial accounting?

An activity variance is the difference. between a sales or price object within the bendy finances and the equal item within the static planning price range. An hobby variance is due completely to the difference inside the actual degree of hobby used inside the bendy price range and the extent of hobby assumed inside the making plans finances.

How do  if a activity variance is favorable or unfavorable?

Whilst sales is better than the price range or the real prices are less than the price range, that is taken into consideration a favorable variance. negative variances confer with instances while costs are better than your price range expected they would be.

Learn more about activity variance here :- brainly.com/question/25169847

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