Question 1
The variable overhead efficiency variance is computed ________ and interpreted ________ the direct-cost efficiency variance.
◦ the same as; the same as
◦ the same as; differently than
◦ differently than; the same as
◦ differently than; differently than
Question 2
The variable overhead efficiency variance measures the difference between the ________, multiplied by the budgeted variable overhead cost per unit of the cost-allocation base.
◦ budgeted quantity of the cost-allocation base used and the budgeted quantity of the cost-allocation base that should have been used to produce the actual output
◦ actual quantity of the cost-allocation base used and the budgeted quantity of the cost-allocation base that should have been used to produce the actual output
◦ actual cost incurred and the budgeted quantity of the cost-allocation base that should have been used to produce the actual output
◦ budgeted cost and the actual cost used to produce the actual output
Production efficiency.
Refraction Through Uniform and Variable Thickness Glasses
Commons Abbreviations for Weights and Measures
Apothecary measures of weights were often used for prescription writing, especially for compounding. ...