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A favourable production-volume variance indicates that the company Question 13Select one: a. has allocated more fixed overhead costs than budgeted. b. produced more than it

A favourable production-volume variance indicates that the company

Question 13Select one:

a.

has allocated more fixed overhead costs than budgeted.

b.

produced more than it has sold.

c.

has a total economic gain from using excess capacity.

d.

has good management.

e.

should increase capacity.

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