Sales Value Variance

Sales value variance is the difference of actual value of sales and standard value of sales in a given period. Following is the formula of sales value variance :-



Sales Value Variance = Actual Value of Sales - Standard Value of Sales

Main reason of Sales Value Variance :- 

1. # If actual sales value is less or more than standard sales value.
2. # If actual sale quantity is less or more than standard sales quantity.
3. # If actual sales mix is different from standard sales mix.