Tr2ipmariamClar Tr2ipmariamClar
  • 24-03-2017
  • Physics
contestada

A volume variance is the difference between overhead at maximum production volume and that at the budgeted production volume.
a. True
b. False

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MissPhiladelphia
MissPhiladelphia MissPhiladelphia
  • 07-04-2017
The statement is not correct. Therefore, the answer is letter B. False. The actual definition of a volume variance is that it is the difference of the quantity consumed and the amount budgeted to be sold, the difference will furthermore be multiplied to the standard unit per price. 
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