The Volume Variance Is Nonzero Whenever

question 98

Multiple Choice

The volume variance is nonzero whenever:

• A) standard hours allowed for the output of a period differ from the denominator level of activity.
• B) actual hours differ from the denominator level of activity.
• C) standard hours allowed for the output of a period differ from the actual hours during the period.
• D) actual fixed manufacturing overhead costs incurred during a period differ from budgeted fixed manufacturing overhead costs as contained in the flexible budget.

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Definitions:

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