A company calculates the following under a standard absorption costing system.
(i) The sales volume margin variance
(ii) The total fixed overhead variance
(iii) The total variable overhead variance
If a company changed to a standard marginal costing system, which variances could change in value?
O (i) only
O (ii) only
- (i) and (ii) only
ă…‡ (i), (ii) and (iii)