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The formula for computing the overhead volume variance isfixed ove

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The formula for computing the overhead volume variance
is
fixed overhead rate times (actual hours less standard
hours allowed).
variable overhead rate times (actual hours less standard
hours allowed).
fixed overhead rate times (normal capacity hours less
standard hours allowed).
variable overhead rate times (normal capacity hours less
standard hours allowed).
fixed overhead rate times (actual hours less standard
hours allowed).
variable overhead rate times (actual hours less standard
hours allowed).
fixed overhead rate times (normal capacity hours less
standard hours allowed).
variable overhead rate times (normal capacity hours less
standard hours allowed).
Solution
Overhead volume variance=fixed overhead rate times
(actual hours less standard hours allowed).

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The formula for computing the overhead volume variance is fixed overhead rate times (actual hours less standard hours allowed). variable overhead rate times (actual hours less standard hours allowed). fixed overhead rate times (normal capacity hours less standard hours allowed). variable overhead rate times (normal capacity hours less standard hours allowed). fixed overhead rate times (actual hours less standard hours allowed). variable overhead rate times (actual hours less standard hours allowed). fixed overhead rate times (normal capacity hours less standard hours allowed). variable overhea ...
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