Question: 1 , The variable overhead efficiency variance indicates which of the following? Multiple choice question. Due to changes in the organisation's activity level, variable overhead

1 , The variable overhead efficiency variance indicates which of the following? Multiple choice question. Due to changes in the organisation's activity level, variable overhead costs changed as expected. The organisation's efficient or inefficient use of variable overhead costs has resulted in different overhead costs. The organisation was inefficient in its use of indirect costs. The organisation spent more on indirect costs than expected

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