The production-volume variance is the difference between_____.
A)applied fixed overhead and budgeted fixed overhead
B)expected fixed overhead and actual fixed overhead
C)expected fixed overhead and budgeted fixed overhead
D)budgeted fixed overhead and actual fixed overhead

Question

Quizplus · Accepted Answer

The production-volume variance is calculated as the difference between the applied fixed overhead (based on standard rates and actual production volume) and the budgeted fixed overhead (based on planned production levels).

The Production-Volume Variance Is the Difference Between_____