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    Managerial Accounting for Managers Study Set 1
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    Exam 21: Predetermined Overhead Rates and Overhead Analysis in a Standard Costing System
  5. Question
    (Appendix 11A)A Fixed Manufacturing Overhead Volume Variance Occurs as the Result
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(Appendix 11A)A Fixed Manufacturing Overhead Volume Variance Occurs as the Result

Question 34

Question 34

True/False

(Appendix 11A)A fixed manufacturing overhead volume variance occurs as the result of a difference between the denominator level of activity (in hours)and the standard hours allowed for the actual output of the period.

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