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How are you everyone.l have a question on fixed overhead variances.What is the purpose of fixed volume and capacity variances,what do they show exactly.
Errr…since you have asked in the Ask the Tutor Forum, then the ‘everyone’ is me 🙂
I explain in detail what the volume and capacity variances are showing in my free lectures on variances on this website.
The lectures are a complete free course for Paper F2 and cover everything needed to be able to pass the exam well.
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