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A company uses a two-variance analysis for overhead variances, flexible-budget and production-volume. The production-volume variance is the difference between the factory overhead applied at standard
A company uses a two-variance analysis for overhead variances, flexible-budget and production-volume. The production-volume variance is the difference between the factory overhead applied at standard and:
a. | Total factory overhead per the flexible budget. |
b. | Actual factory overhead incurred. |
c. | Total factory overhead per the master budget. |
d. | Fixed overhead incurred. |
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