Question
The difference between the total factory overhead cost in the flexible budget for the actual units produced and the amount of factory overhead cost applied
The difference between the total factory overhead cost in the flexible budget for the actual units produced and the amount of factory overhead cost applied to products using the standard overhead rate is called the factory overhead ______________:
- Production-volume variance
- Controllable variance
- Efficiency variance
- Total fixed cost variance
- Flexible-budget variance
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Financial and Managerial Accounting Using Excel for Success
Authors: James Reeve, Carl S. Warren, Jonathan Duchac
1st edition
1111535221, 1111535223, 9781285400914 , 978-1111993979
