Multiple choice

Directions: Choose the correct option for the given question.

Volume variance is divided into capacity variance, calender variance and

  1. casual variance

  2. performance variance

  3. efficiency variance

  4. normal variance

  5. none of these

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Volume variance is a component of overhead variance analysis. It is typically broken down into capacity, calendar, and efficiency variances.