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Which of the following statements is FALSE? The overhead volume variance relates solely to fixed costs. The costs that cause the overhead volume variance are
Which of the following statements is FALSE?
The overhead volume variance relates solely to fixed costs.
The costs that cause the overhead volume variance are usually controllable costs.
The overhead volume variance indicates whether plant facilities were used efficiently during the period.
The overhead volume variance is favorable if standard hours allowed for output is greater than the standard hours at normal capacity
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