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  3. Study Set
    Management Accounting Study Set 2
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    Exam 10: Standard Costs, Flexible Budgets and Variance Analysis
  5. Question
    For Overhead Variances, the Difference Between the Flexible Budget Amounts
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For Overhead Variances, the Difference Between the Flexible Budget Amounts

Question 51

Question 51

Multiple Choice

For overhead variances, the difference between the flexible budget amounts and actual costs incurred is called the


A) Efficiency variance
B) Budget variance
C) Favorable variance
D) Quantity variance

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