The variable overhead spending variance is calculated as: A. Actual Cost- (actual quantity x standard price)...
The variable overhead spending variance is calculated as:
A. Actual Cost- (actual quantity x standard price)
B. Actual Cost -(standard quantity x standard price)
C. Standard Cost - (Acutal quantity x actual price)
D. Actual results minus flexible budget amount.
(C is NOT the correct answer).
Homework Answers
Variable overhead spending variance = actual cost - standard cost
= Actual cost - standard quantity *standard price
Option B. is correct answer.
Add Answer to:
The variable overhead spending variance is calculated as:
A. Actual Cost- (actual quantity x standard price)...
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2. Variable overhead efficiency variance?
3. Total variable overhead variance?
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