Fixed Overhead Volume Variances Arise Because

question 141

Multiple Choice

Fixed overhead volume variances arise because:

• A)Budgeted overhead and actual overhead are usually identical
• B)An estimate of production volume is used for the denominator in calculating the fixed overhead allocation rate
• C)The actual amount of direct materials is not identical to the budgeted level
• D)The actual amount of fixed overhead costs in not identical to the budgeted level

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Definitions:

Active Phase

A period in the course of an illness during which symptoms are more pronounced and fully developed.

Predromal

Referring to the early symptoms or signs that precede the onset of a disease or condition, often indicating the initial phase of the condition.

Inappropriate Affect

An emotional response that is incongruent with the situation at hand or societal norms.

Avolitional

Lacking in initiative or the ability to make decisions and take action, often a symptom seen in certain psychiatric conditions.