What Is the Formula for Fixed Overhead Volume Variance

question 121

Multiple Choice

What is the formula for fixed overhead volume variance?

• A)AFOH − SFOR × SH
• B)(AFOH − SFOR) × AH
• C)AFOH− (SH × SFOR)
• D)(AFOH − SFOR) × SH

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Definitions:

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Standard of Care

A level of competence, diligence, and care that is expected of a professional or individual in a specific situation or industry.

Bailee's Right

The rights afforded to a person (the bailee) who temporarily possesses the personal property of another (the bailor), often including the right to use the property under agreed conditions.

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