11. The Purchase Price Variance and Usage Variance are based on which cost component? A. Direct materials B. Direct labor C. Fixed overhead volume variance D. Variable overhead 12. Fixed Overhead comparisons include which of the following two variances? A. Purchase price and usage B. Rate and usage. C. Budget and volume. D. Spending and usage. 13. The part of the direct labor budget variance due to the difference between the actual hourly wage paid and the standard wage is called what? A. Direct labor efficiency variance. B. Direct labor rate variance. C. Fixed overhead volume variance. D. Variable overhead spending variance. When preparing a segment margin income statement, total fixed expenses are split into what? A. Variable and fixed expenses. B. Fixed and mixed expenses. C. Common and variable expenses. D. Direct and common fixed expenses