1. How do managers plan variable overhead costs and fixed overhead costs?

2. How are budgeted variable overhead and fixed overhead cost rates calculated?

3. What variances can be calculated for variable overhead costs?

4. What variances can be calculated for fixed overhead costs?

5. What is the most detailed way for a company to reconcile actual overhead incurred with the amount allocated during a period?

6. What is the relationship between the sales-volume variance and the production volume variance?

7. How can variance analysis be used in an activity-based costing system?

8. How are overhead variances useful in non manufacturing settings?