This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The variable overhead spending variance (Read 89 times)

yagurl

  • Full Member
  • ***
  • Posts: 152
on: Feb 5, 2023

Question 1

The variable overhead spending variance is calculated as
◦ Standard cost - (actual quantity × actual price).
◦ Actual cost - (standard quantity × standard price).
◦ Actual cost - (actual quantity × standard price).
◦ Actual results minus the variable overhead flexible budget amount.

Question 2

The variable overhead spending variance
◦ is unfavorable when more variable overhead items are used than allowed at the level of activity achieved.
◦ captures whether the company has paid more or less for variable overhead items.
◦ is the difference between the actual cost of variable overhead items and the amount of variable overhead cost that is expected to be incurred at the actual level of activity base experienced.
◦ relates to the efficient use of the activity base rather than the efficient use of the variable overhead item.
Managerial Accounting ¦ Davis ¦ 4th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by yagurl on Feb 5, 2023

char00char

  • Full Member
  • ***
  • Posts: 173
Reply #1 on: Feb 5, 2023
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 29% of students answer this correctly


yagurl

  • Member
  • Posts: 152
Reply 2 on: Feb 5, 2023
YES! Correct, THANKS for helping me on my review

elyse44

  • Member
  • Posts: 319
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

More than 20 million Americans cite use of marijuana within the past 30 days, according to the National Survey on Drug Use and Health (NSDUH). More than 8 million admit to using it almost every day.

Did you know?

A cataract is a clouding of the eyes' natural lens. As we age, some clouding of the lens may occur. The first sign of a cataract is usually blurry vision. Although glasses and other visual aids may at first help a person with cataracts, surgery may become inevitable. Cataract surgery is very successful in restoring vision, and it is the most frequently performed surgery in the United States.

Did you know?

Coca-Cola originally used coca leaves and caffeine from the African kola nut. It was advertised as a therapeutic agent and "pickerupper." Eventually, its formulation was changed, and the coca leaves were removed because of the effects of regulation on cocaine-related products.

Did you know?

Though Candida and Aspergillus species are the most common fungal pathogens causing invasive fungal disease in the immunocompromised, infections due to previously uncommon hyaline and dematiaceous filamentous fungi are occurring more often today. Rare fungal infections, once accurately diagnosed, may require surgical debridement, immunotherapy, and newer antifungals used singly or in combination with older antifungals, on a case-by-case basis.

Did you know?

By definition, when a medication is administered intravenously, its bioavailability is 100%.

Controlled Experiments Manipulate a Variable Controlled Experiments Manipulate a Variable
Negative feedback control of a regulated variable. Negative feedback control of a regulated variable.
Variable Gases: Water Vapor Variable Gases: Water Vapor
Overhead stretch for the shoulder muscles. Lean back to create the stretch using your body weight. Overhead stretch for the shoulder muscles. Lean back to create the stretch using your body weight.
How to rearrange formulas to isolate for a variable (Part 2) How to rearrange formulas to isolate for a variable (Part 2)
Growth of Government Spending, 1870–2009 Growth of Government Spending, 1870–2009
Video: Types of Transport - Uniport, Antiport and Symport (Glucose and Na+K+ Transporters)

For a complete list of videos, visit our video library