The variable overhead spending variance

[yagurl]

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.

[char00char]

A FREE account is required to view all solutions! Click to Register

Login with Facebook Login with Google Login with Email

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]

TYSM

[abro1885]

Thanks for the timely response, appreciate it