Question: 23. When machine-hours are used as an overhead cost-allocation base and the unexpected purchase of a new machine results in fewer expenditures for machine maintenance,

23. When machine-hours are used as an overhead cost-allocation base and the unexpected purchase of a new machine results in fewer expenditures for machine maintenance, the MOST likely result would be to report a(n): Select one: favourable variable overhead spending variance. unfavourable variable overhead efficiency variance. unfavourable variable overhead efficiency variance. favourable fixed overhead flexible-budget variance.

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