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The formula for computing the overhead volume variance is a. fixed overhead rate times (actual hours less standard hours allowed). b. variable overhead rate times

The formula for computing the overhead volume variance is

a.

fixed overhead rate times (actual hours less standard hours allowed).

b. variable overhead rate times (actual hours less standard hours allowed).

c. fixed overhead rate times (normal capacity hours less standard hours allowed).

d.

variable overhead rate times (normal capacity hours less standard hours allowed).

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