The production-volume variance serves primarily a product costing purpose.

Name: The production-volume variance serves primarily a product costing purpose.
Brand: Quizplus
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The production-volume variance is a type of overhead variance that helps in determining the cost of a product by comparing the budgeted and actual production volume. It is used for product costing purposes to accurately determine the cost of producing a product based on the actual production volume.

The Production-Volume Variance Serves Primarily a Product Costing Purpose