Multiple Choice
An overhead fixed volume variance is calculated as the difference between normal capacity hours and standard hours allowed
A) times the total predetermined overhead rate.
B) times the predetermined variable overhead rate.
C) times the predetermined fixed overhead rate.
D) divided by actual number of hours worked.
Correct Answer:

Verified
Correct Answer:
Verified
Q46: If a company is concerned with the
Q49: The standard number of hours that should
Q50: An unfavourable materials quantity variance would occur
Q52: Normal standards<br>A)should not be rigorous but attainable.<br>B)do
Q54: The difference between fixed overhead budgeted and
Q55: A managerial accountant 1.does not participate in
Q56: A company purchases 130,000 kilograms of materials.The
Q76: Ideal standards<br>A) are rigorous but attainable.<br>B) are
Q110: The overhead volume variance relates only to<br>A)
Q161: It is possible that a company's financial