Define production volume variance?
Submitted by: AdministratorThe production volume variance is associated with a standard costing system used by some manufacturers. This variance indicates the difference between:
1) the company's budgeted amount of fixed manufacturing overhead costs
2) the amount of the fixed manufacturing overhead costs that were assigned to (or absorbed by) the company's production output.
Submitted by:
1) the company's budgeted amount of fixed manufacturing overhead costs
2) the amount of the fixed manufacturing overhead costs that were assigned to (or absorbed by) the company's production output.
Submitted by:
Read Online Cost Accounting Job Interview Questions And Answers
Top Cost Accounting Questions
☺ | Explain some of the methods used to allocate support costs? |
☺ | Describe some of the methods used to allocate support costs. |
☺ | What is Cost Accounting? |
☺ | What is difference between cost accounting and financial accounting? |
☺ | What is the cost sheet? |
Top Accounts Categories
☺ | Accounting Interview Questions. |
☺ | Accounts Payable Interview Questions. |
☺ | Senior Accountant Interview Questions. |
☺ | Junior Accountant Interview Questions. |
☺ | Audit Interview Questions. |