In a standard cost system, an unfavorable production-volume variance would result if:
A) There is an unfavorable labor efficiency variance.
B) There is an unfavorable labor rate variance.
C) Actual production is less than the "denominator volume" (that is, the volume level used to establish the fixed overhead application rate) .
D) There is an unfavorable fixed manufacturing overhead spending variance.
E) Actual fixed overhead costs are greater than budgeted fixed overhead costs.
Correct Answer:
Verified
Q1: If inventories in a business using a
Q3: Factors contributing to the fixed factory overhead
Q4: Many firms feel a strong obligation to
Q5: Cost behavior for variable overhead is more
Q6: A standard costing system will produce the
Q7: Because fixed factory overhead cost in total
Q8: Which of the following factors is not
Q9: The difference between actual overhead costs incurred
Q10: The fixed factory overhead production-volume variance represents:
A)
Q11: Proration of manufacturing cost variances among ending
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