The Difference Between Actual Volume and Budgeted Production,multiplied by the Fixed

question 25

Multiple Choice

The difference between actual volume and budgeted production,multiplied by the fixed overhead rate based on practical capacity,is the:

• A)expected (planned)capacity variance.
• B)unexpected (unplanned)capacity variance.
• C)total capacity variance.
• D)volume variance.

---

Definitions:

International Markets

Markets that exist outside of a company's home country, allowing for the expansion and sale of goods and services globally.

Global

Relating to or encompassing the whole world; involving or affecting the entirety of the Earth.

Regional

Pertaining to or characteristic of a specific geographic area or region, often used to describe businesses, cuisines, languages, or cultures unique to that area.

Economic

Pertaining to the production, distribution, and consumption of goods and services, or the material welfare of humans.