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The production volume variance is favourable whenever Question 4 options: actual output exceeds expected output. the standard variable overhead rate exceeds the actual variable overhead

The production volume variance is favourable whenever

Question 4 options:

	actual output exceeds expected output.
	the standard variable overhead rate exceeds the actual variable overhead rate.
	the actual variable overhead rate exceeds the standard variable overhead rate.
	expected output exceeds actual output.

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