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

Author Question: The variable overhead spending variance (Read 28 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
Gracias!

Liddy

  • Member
  • Posts: 342
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

The largest baby ever born weighed more than 23 pounds but died just 11 hours after his birth in 1879. The largest surviving baby was born in October 2009 in Sumatra, Indonesia, and weighed an astounding 19.2 pounds at birth.

Did you know?

Allergies play a major part in the health of children. The most prevalent childhood allergies are milk, egg, soy, wheat, peanuts, tree nuts, and seafood.

Did you know?

Never take aspirin without food because it is likely to irritate your stomach. Never give aspirin to children under age 12. Overdoses of aspirin have the potential to cause deafness.

Did you know?

Cytomegalovirus affects nearly the same amount of newborns every year as Down syndrome.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

An example of a homeostatically controlled variable: blood levels of glucose in a human. An example of a homeostatically controlled variable: blood levels of glucose in a human.
Primates exhibit prolonged life histories, spending more time in each stage of life than most other Primates exhibit prolonged life histories, spending more time in each stage of life than most other
Chimpanzees in the Gombe National Park, Tanzania groom each other by holding an overhead branch with Chimpanzees in the Gombe National Park, Tanzania groom each other by holding an overhead branch with
A cutaway view of a typical variable fuel sensor. A cutaway view of a typical variable fuel sensor.
Variable expression of yellow phenotype in mice caused by diet-related epigenetic changes in the gen Variable expression of yellow phenotype in mice caused by diet-related epigenetic changes in the gen
Sources of phenotypic variance Sources of phenotypic variance
Video: Ultrasound of a Fetus (Sonogram)

For a complete list of videos, visit our video library