menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Managerial Accounting Tools for Business Study Set 1
  4. Exam
    Exam 12: Standard Costs and Balanced Scorecard
  5. Question
    The Total Variance Is $10,000
Solved

The Total Variance Is $10,000

Question 30

Question 30

Multiple Choice

The total variance is $10,000.The total materials variance is $4,000.The total labour variance is twice the total overhead variance.What is the total overhead variance?


A) $1,000
B) $2,000
C) $3,000
D) $4,000

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q25: Each of the following may cause an

Q38: Variance analysis facilitates the principle of "management

Q46: Normal standards should be rigorous but attainable.

Q54: A two-variance analysis of overhead consists of

Q79: Inventories cannot be valued at standard cost

Q82: The final decision as to what standard

Q89: The formula for the materials price variance

Q90: If the standard hours allowed are less

Q118: Variances from standards are<br>A) expressed in total

Q156: A standard cost is<br>A) a cost which

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines