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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Cornerstones of Managerial Accounting
Authors: Maryanne M. Mowen, Don Hanson, Dan L. Heitger, David McConomy, Jeffrey Pittman
2nd Canadian edition
978-0176721237, 978-0176530884
