The production volume variance is computed by calculating the difference between the:
A) actual fixed overhead and applied fixed overhead.
B) actual fixed overhead and budget at actual level of activity reached.
C) actual fixed overhead and budget at denominator level of activity planned.
D) budget at actual levels of activity reached and fixed overhead applied.

Question

Quizplus · Accepted Answer

The Answer of The production volume variance is computed by calculating the difference between the:
A) actual fixed overhead and applied fixed overhead.
B) actual fixed overhead and budget at actual level of activity reached.
C) actual fixed overhead and budget at denominator level of activity planned.
D) budget at actual levels of activity reached and fixed overhead applied.

The Production Volume Variance Is Computed by Calculating the Difference