Question: The difference between the actual allocation base (actual quantity) and the amount of the allocation base that should have been used (standard quantity) times the
The difference between the actual allocation base (actual quantity) and the amount of the allocation base that should have been used (standard quantity) times the standard cost is called the A. variable overhead cost variance
B. variable overhead efficiency variance
C. fixed overhead cost variance
D. fixed overhead volume variance
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
