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    Cost Accounting Study Set 1
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    Exam 8: Flexible Budgets, Variances, and Management Control: II
  5. Question
    The Production-Volume Variance Arises Because the Actual Output Level Differs
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The Production-Volume Variance Arises Because the Actual Output Level Differs

Question 148

Question 148

True/False

The production-volume variance arises because the actual output level differs from the output level used as the denominator to calculate the budgeted fixed overhead rate.

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