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    Managerial Accounting Study Set 11
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    Exam 23: Predetermined Overhead Rates and Overhead Analysis in a Standard Costing System
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    An Unfavorable Volume Variance Means That a Firm Operated at an Activity
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An Unfavorable Volume Variance Means That a Firm Operated at an Activity

Question 9

Question 9

True/False

An unfavorable volume variance means that a firm operated at an activity level that was above the activity level planned for the period.

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