8. A process of examining the differences between actual and budgeted costs and describing them in terms of the amounts that resulted from price and quantity differences is called: A. Flexible budgeting. B. Cost variable analysis. C. Variable analysis. D. Cost variance analysis.

E. Cost Analysis

9. The difference between the total budgeted overhead cost and the overhead applied to production using the predetermined overhead rate is the: A.Production variance. B.Volume variance. C.Overhead cost variance. D. Quantity variance.

E. Conrollable Variance