Fixed Overhead Does Not Have Separate Price and Quantity Variances

question 66

True/False

Fixed overhead does not have separate price and quantity variances.The model used to analyze variable costs does not apply to fixed overhead,so the fixed overhead spending variance cannot be broken down into price and quantity variances.

---

Definitions:

Territories

Territories are specific geographic areas assigned to a sales representative or team to manage and sell products or services.

Low-Priority Tasks

Tasks that are deemed less important or urgent, often scheduled after high-priority work.

Time Management Skills

The ability to use one's time effectively or productively, especially at work, through planning and exercising conscious control over the amount of time spent on specific activities.

Heterogeneous Needs

Diverse requirements or desires of customers or clients, reflecting the variation in their preferences, situations, or circumstances.