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Author Question: Skizone Company's 4-Variance Analysis: Spending Variance Efficiency Variance Production-Volume ... (Read 467 times)

pepyto

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Skizone Company's 4-Variance Analysis:

Spending Variance
Efficiency Variance
Production-Volume Variance
Variable overhead$6,900 F$11,000 UNo variance
Fixed overhead(a)No variance$45,000 U

Which of the following statements is true of Skizone's overhead variances?
◦ Budgeted variable overhead rate is higher than actual variable overhead rate.
◦ Static fixed overhead amount is higher than flexible fixed overhead amount.
◦ Budgeted variable overhead rate is lower than actual variable overhead rate.
◦ Static fixed overhead amount is lower than flexible fixed overhead amount.


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Marked as best answer by pepyto on Mar 6, 2021

reversalruiz

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