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Which of the following statements is TRUE? Select one: A. The difference between the allocated and the budgeted overhead is the production-volume variance. B. The
Which of the following statements is TRUE?
Select one:
A. The difference between the allocated and the budgeted overhead is the production-volume variance.
B. The production-volume variance arises for both fixed and variable costs.
C. The fixed manufacturing overhead sales-volume variance can be written-off to cost of goods sold.
D. The production-volume variance arises only for variable costs.
E. The fixed manufacturing sales-volume variance is rarely zero.
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