A volume variance occurs when the company operates at a different capacity level than was expected.

Name: A volume variance occurs when the company operates at a different capacity level than was expected.
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Question

Quizplus · Accepted Answer

A volume variance is a type of cost variance that occurs when the actual level of activity differs from the expected level of activity. This can result in higher or lower costs than expected, depending on whether the company is operating at a higher or lower capacity level than planned.

A Volume Variance Occurs When the Company Operates at a Different