Final answer:
The difference between the actual sales dollars earned during a given period and the flexible-budget sales dollars for the period is called the sales variance.
Step-by-step explanation:
The difference between the actual sales dollars earned during a given period and the flexible-budget sales dollars for the period is called the sales variance.
Sales variance is a measurement used in budgeting and financial analysis to assess the performance of a business in terms of its sales revenue. It represents the deviation between the actual sales achieved and the sales that were expected based on the flexible budget.
For example, if a company's actual sales in a month were $100,000, but the flexible-budget sales for that month were $120,000, the sales variance would be -$20,000 (actual sales minus flexible-budget sales).