If the Data Is Available Regarding Actual Variable and Fixed

Multiple Choice

If the data is available regarding actual variable and fixed manufacturing costs, the difference between the actual cost of goods sold and its amount in the flexible budget, or the manufacturing cost variance, can be further disaggregated into:

A) The variable manufacturing cost variance and the fixed manufacturing cost variance.
B) The cost of goods sold price variance and efficiency variance.
C) The direct material price and efficiency variances.
D) The static budget variance and flexible budget variance.