Which of the following statements is TRUE?

Question 6Select one:

a.

The fixed manufacturing sales-volume variance is rarely zero.

b.

The production-volume variance arises only for variable costs.

c.

The production-volume variance arises for both fixed and variable costs.

d.

The difference between the allocated and the budgeted overhead is the production-volume variance.

e.

The fixed manufacturing overhead sales-volume variance can be written-off to cost of goods sold.