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    Fundamentals of Cost Accounting Study Set 3
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    Exam 16: Fundamentals of Variance Analysis
  5. Question
    The Production Volume Variance Is the Difference Between Fixed Costs
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The Production Volume Variance Is the Difference Between Fixed Costs

Question 64

Question 64

True/False

The production volume variance is the difference between fixed costs on the flexible budget and the fixed costs on the master budget.

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