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Commerce · Q1054

Costing

Graduate and Post Graduate · Commerce · question 1054

Q1054

Volume variance arises because of:

A.
Increase in overhead rate per hour
B.
Decrease in overhead rate per hour
C.
Increase or decrease in actual output as compared to the budgeted output
Answer
D.
Difference in budgeted overheads and actual overheads

Answer: Option C

Solution

Answer: Option C
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