The Overhead Volume Variance Is

question 99

Multiple Choice

The overhead volume variance is

• A) actual overhead less overhead budgeted for actual hours.
• B) actual overhead less overhead budgeted for standard hours allowed.
• C) overhead budgeted for actual hours less applied overhead.
• D) the fixed overhead rate times the difference between normal capacity hours and standard hours allowed.

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Definitions:

Network Interface

A boundary or point of interaction between a computer and a network, including both hardware and software components.

TCP/IP Layer

A set of protocols governing communications among all computers on the Internet. It has four abstraction layers defined by the Transmission Control Protocol and the Internet Protocol.

Ethernet

A technology for connecting devices in a wired local area network (LAN) enabling the transmission of data over a physical cable.

LAN Protocol

A set of rules and standards used for communication within a Local Area Network to ensure the smooth transmission of data.