One Cause of an Unfavourable Overhead Volume Variance Would Be

question 208

True/False

One cause of an unfavourable overhead volume variance would be increase in cost for fixed overhead items.

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Definitions:

Ownership Structure

Ownership structure refers to the way in which the ownership of a company is divided among its shareholders, including the distribution of shares and voting rights.

Ownership Percentage

The share or portion of ownership an individual or entity holds in an asset or business, usually represented as a percentage.

Raw Materials

Unfinished goods or materials consumed in the manufacturing process to create a final product.

Currency Exchange Rates

The worth of a currency in exchange for a different currency.