A volume variance occurs when the company operates at a different capacity level than was expected.

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jadeer niyas · Accepted Answer

Final Answer : True, Explanation :  A volume variance is a type of variance that occurs when the company's actual operating level is different from the budgeted or expected operating level. This can be caused by changes in demand, production efficiency, or other factors that affect the company's ability to produce or sell its products or services. The volume variance is often calculated as part of a variance analysis, which compares actual results to budgeted or expected results in order to identify areas where performance can be improved.

A volume variance occurs when the company operates at a different capacity level than was expected.

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