How is the fixed overhead volume variance different from the other variances?

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Horngrens Financial and Managerial Accounting

ISBN: 978-0133255584

4th Edition

Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura

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Question Posted: Jan 16, 2015 10:19 AM

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"The dollar amount of the fixed overhead volume variance depends on what expected volume of production was chosen to determine the fixed overhead rate." Explain.
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How is the fixed overhead volume variance different from the other variances?

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The fixed overhead volume variance is not a flexible budget variance whereas the fixed ov...View the full answer

Horngrens Financial and Managerial Accounting

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