Question
In a standard cost system, when actual production is greater than budgeted production, there will be: A. a favorable fixed overhead budget variance. B. a
In a standard cost system, when actual production is greater than budgeted production, there will be:
A. a favorable fixed overhead budget variance.
B. a favorable sales volume variance.
C. an unfavorable manufacturing overhead variance.
The total overhead variance is the difference between the:
A. a favorable materials and labor quantity variance A. overapplied or underapplied fixed overhead and the controllable variance.
B. actual factory overhead and the factory overhead applied to production.
C. actual activity level and the denominator value.
D. overhead at standard hours allowed and the overhead absorbed.
.
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