Hello Everyone, I need help with the following questions. I read the answer to the first 4 question (I intentionally left the first one out - What 4 variances comprise the 'under' or 'over' applied overhead?) but did't find the answer to the last one on the list below.

Here are the questions:

1. If factory overhead is over-applied for the period, would you expect the total of the overhead variances to be a) favorable or b) unfavorable?

2. Why is the term overhead efficiency variance a misnomer?

3. Under what circumstances would you expect the volume variance to be a) favorable or b) unfavorable?

4. Does the volume variance measure deviations in spending for fixed overhead spending?

Thank you!