What Does the Fixed Overhead Volume Variance Measure

question 50

Multiple Choice

What does the fixed overhead volume variance measure?

• A)the cost of overspending on fixed overhead items
• B)the effect of the actual output differing from the output used to calculate the predetermined fixed overhead rate
• C)the cost of unused activity capacity acquired
• D)both the effect of the actual output differing from the output used to calculate the predetermined fixed overhead rate and the cost of unused activity capacity

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Definitions:

Supply Processes

Encompasses the series of actions and steps taken to ensure that goods, services, and resources are effectively procured, managed, and delivered to meet the demands of an organization.

Studies

Systematic investigations aimed at acquiring knowledge.

Renewable Energy

Energy from natural sources that are constantly replenished, such as wind, solar, water, geothermal, and biomass.

Worker Safety

involves implementing measures and policies to protect employees from workplace hazards, ensuring a safe working environment.