Production-volume variance always exists under absorption costing. Fixed manufacturing costs included in the price of goods available for sale + the production-volume variance will always = total fixed manufacturing costs under absorption costing.
The firm uses absorption costing, and the fixed manufacturing cost rate is determined by the denominator level allocated in the budget. Cost of goods sold and manufacturing variations are closely related. The corporation uses absorption costing, and the fixed manufacturing cost rate is based on the budgeted denominator. As a result, the total fixed manufacturing costs included in the ending inventory are) Cost of goods sold, and manufacturing variations are closely related. According to variable costing, administrative fees, inventoriable costs, period costs, and product costs are all examples of fixed manufacturing overhead. The expensing is the only distinction between variable and absorption costing. Direct manufacturing expenses, variable marketing expenses.
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