Cornerstones of Managerial Accounting 4th Edition by Maryanne Mowen, Don Hansen, Dan Heitger

Exercise 37

The total variable overhead variance can be expressed as the sum of
A) the underapplied variable overhead and the spending variance.
B) the efficiency variance and the overapplied variable overhead.
C) the spending, efficiency, and volume variances.
D) the spending and efficiency variances.
E) none of these.