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The formula for computing the overhead volume variance is A-variable overhead rate times (normal capacity hours less standard hours allowed). B- fixed overhead rate times
The formula for computing the overhead volume variance is
A-variable overhead rate times (normal capacity hours less standard hours allowed). |
B- | fixed overhead rate times (normal capacity hours less standard hours allowed). |
C-variable overhead rate times (actual hours less standard hours allowed). |
D- | fixed overhead rate times (actual hours less standard hours allowed). |
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