General Studies · Accounting and Financial Management
An unfavourable overhead volume variance indicates that:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Actual production was more than the normal level of output
- 2Actual production was less than the normal level of output✓
- 3Variable overhead per unit has exceeded the standard budgeted amount
- 4Total fixed overhead has exceeded the standard budgeted amount
Correct answer
Actual production was less than the normal level of output
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