An unfavorable overhead volume variance indicates Multiple Choice O The actual variable overhead rate was greater than the standard rate O Actual production was less than budgeted. The actual variable overhead rate was less than the standard rate. Actual production was more than budgeted A company uses a standard cost system The ending balance in the Manufacturing Overhead account is a debit betence. Which of the following statements is true? Multiple Choice Manufacturing overhead was underapped and the total of the overhead variances was favorable Manufacturing overhead was over applied and the total of the overhead variances was favorable Manufacturing overhead was underapplied and the total of the overhead Variances was favorable Manufacturing overhead was overapplied and the total of the overhead variances was unfavorable