The ________is the difference between the budgeted fixed manufacturing overhead and the fixed overhead applied to the actual output units produced (or standard input units allowed for actual output).
A) Efficiency variance
B) Spending variance
C) Volume variance
D) Yield variance

Question

Quizplus · Accepted Answer

The correct answer is C) Volume variance. Volume variance measures the difference between the budgeted fixed manufacturing overhead and the fixed overhead applied to actual output units produced, reflecting how the actual production volume differs from the expected production volume.

The ________Is the Difference Between the Budgeted Fixed Manufacturing Overhead