A Company Uses a Two-Variance Analysis for Overhead Variances,flexible-Budget and Production-Volume.The

Multiple Choice

A company uses a two-variance analysis for overhead variances,flexible-budget and production-volume.The production-volume variance is the difference between the factory overhead applied at standard and:

A) Total factory overhead per the flexible budget.
B) Actual factory overhead incurred.
C) Total factory overhead per the master budget.
D) Fixed overhead incurred.