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Whats the answer to #2? Thanks ! tance would be favorable. B. The variance would be unfavorable. C. The nature of the variance (favorable or

Whats the answer to #2? Thanks ! image text in transcribed
tance would be favorable. B. The variance would be unfavorable. C. The nature of the variance (favorable or unfavorable) would be unknown based on the facts presented. D. The variance would be the same amount as the labor efficiency variance. E. None of the answers is correct. 2. Which of the following is used in the computation of the variable-overhead spending variance? Actual Variable Overhead Cost Budgeted Variable Overhead Based on Actual Hours andard Variable Overhead Applied A. No Yes No No No No No Yes Yes No Yes Yes Yes Yes Yes E. 3. Allison is contemplating a job offer with an advertising agency where she will make $54,000 in her first year of employment. Alternatively, Allison can begin to work in her father's business where she will earn an annual salary of $38,000. If Allison decides to work with her father, the opportunity cost would be: BCDE

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