Fixed overheard variances are closed to spending and efficiency variance accounts.
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Q73: The difference between the standard amount of
Q74: The variable overhead efficiency variance is favourable
Q75: The fixed overhead spending variance is favourable
Q76: The production volume variance is equivalent to
Q77: If actual volumes of the allocation base
Q79: Variable overhead variances are closed to spending
Q80: The fixed overhead budget variance can be
Q81: The amount of fixed overhead cost in
Q82: If a variance is favourable, it should
Q83: If the total variances in the accounting
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