S11-16

vanni Caruenas - 12/14/19 0:01 1 of 6 (0 complete) HW Score: 0%, 0 of C More Info Term 1. Direct labor al fixe rate variance 2. Fixed overhead budget variance 3. Standard cost Definition a. Measures the difference between the actual fixed MOHcosts incurred and the budgeted fixed MOH costs b. Tells managers how much of the total variance is due to using a greater or lesser amount of time being worked than anticipated C Teils managers how much of the total variance is due to paying a different price than expected for direct materials d. Tells managers how much of the total variable MOH variance is due to using more or less hours of the allocation base than anticipated for the actual volume of output le Measures the difference between the budgeted fixed MOH 4. Variable overhead efficiency variance 5. Direct materials print (Pone] M 0 20:51 VIEW NARRA 900) ENG vanni Caruenas - 12/14/19 0:01 1 of 6 (0 complete) HW Score: 0%, 0 of C More Info Term 1. Direct labor al fixe rate variance 2. Fixed overhead budget variance 3. Standard cost Definition a. Measures the difference between the actual fixed MOHcosts incurred and the budgeted fixed MOH costs b. Tells managers how much of the total variance is due to using a greater or lesser amount of time being worked than anticipated C Teils managers how much of the total variance is due to paying a different price than expected for direct materials d. Tells managers how much of the total variable MOH variance is due to using more or less hours of the allocation base than anticipated for the actual volume of output le Measures the difference between the budgeted fixed MOH 4. Variable overhead efficiency variance 5. Direct materials print (Pone] M 0 20:51 VIEW NARRA 900) ENG