Multiple Choice
Which one of the following factory overhead variances reflects the effect of deviation in input quantities only if the cost driver for applying variable overhead is a perfect predictor of variable overhead cost?
A) Total variable overhead variance.
B) Variable overhead rate variance.
C) Variable overhead spending variance.
D) Variable overhead flexible-budget variance.
E) Variable overhead efficiency variance.
Correct Answer:

Verified
Correct Answer:
Verified
Q61: It can be argued that manufacturing overhead
Q62: McAllister Company's master budget for the year
Q63: A deviation from standard that occurs because
Q64: In firms using activity-based costing (ABC), budgeted
Q65: Random variances are:<br>A) Considered as uncontrollable from
Q67: At the denominator activity level, Norland Company's
Q68: Gerhan Company's flexible budget for the units
Q69: Megan, Inc. uses the following standard costs
Q70: Oslund Company manufactures only one product
Q71: The "death-spiral" effect refers to:<br>A) The allocation