The production volume variance is computed by calculating the difference between the:

Multiple Choice

actual fixed overhead and budget at actual level of activity reached.

actual fixed overhead and budget at denominator level of activity planned.

budget at actual levels of activity reached and fixed overhead applied.

actual fixed overhead and applied fixed overhead.

Multiple Choice

$2,800$ hours.

$2,610$ hours.

$2,900$ hours.

$2,520$ hours.

Multiple Choice

the actual usage of materials was less than the standard allowed.

more materials were used than were purchased.

the actual cost of materials was less than the standard cost.

more materials were purchased than were used.