Favorable variances are always desirable for production.
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Q28: Unfavorable variances are represented by debit balances
Q29: A fixed overhead volume variance is a
Q30: A budget variance is a controllable variance.
Q31: The difference between budgeted variable overhead for
Q32: A flexible budget is an effective tool
Q34: The difference between actual and budgeted fixed
Q35: The difference between actual variable overhead and
Q36: Favorable variances are represented by credit balances
Q37: The difference between the standard hours worked
Q38: A one-variance approach calculates only a total
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