ACCOUNTING:TOOLS... W/WILEYPLUS >C<
ACCOUNTING:TOOLS... W/WILEYPLUS >C<
6th Edition
ISBN: 9781119298243
Author: Kimmel
Publisher: WILEY C
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Chapter 13, Problem 19Q
To determine

Indicate the changes that indicate whether it is good or bad news for a company.

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The fixed factory overhead application rate is a function of a predetermined activity level. If standard hours allowed for actual output equal this predetermined activity level for a period, the volume variance will be A) zero. B) favorable. C) unfavorable. D) either favorable or unfavorable, depending on the budgeted overhead.
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