Which of the following statement is False? Multiple Choice The spending variance of direct labor can always be decomposed into rate variance and efficiency variance. The total fixed costs of flexible budget and master budget are always the same. When both budget variance and volume variance are favorable, fixed manufacturing overhead is overapplied. The sum of price variance and quantity variance for raw materials is always same as spending variance. If variable manufacturing overhead is underapplied, it always has a unfavorable spending variance.