The only variance for overhead is the production volume variance.
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Q13: The best way to develop standards for
Q14: The use of standards assists managers to
Q15: The sales price variance reflects the difference
Q16: The static budget is equal to budgeted
Q17: The sales price variance is caused by
Q19: Revenue drivers include competition, market share and
Q20: Total budgeted revenues can be calculated using
Q21: The total direct labour variance can be
Q22: The static budget compared to the flexible
Q23: Under standard costing direct materials are recorded
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