The production-volume variance may also be referred to as the ________.
A) flexible-budget variance
B) denominator-level variance
C) spending variance
D) efficiency variance

Question

Quizplus · Accepted Answer

The production-volume variance is also known as the denominator-level variance because it arises from the difference between the actual production volume and the expected (or 'denominator') level of production that was used to calculate the fixed manufacturing overhead rate.

The Production-Volume Variance May Also Be Referred to as the ________