Under the 3 variance method for analyzing overhead, the difference between the actual factory overhead and factory overhead applied to production is the ___________ variance A. controllable B. efficiency C. net overhead D. spending

Under the 3 variance method for analyzing overhead, the difference between the actual factory overhead and factory overhead applied to production is the ___________ variance A. controllable B. efficiency C. net overhead D. spending

Financial & Managerial Accounting

14th Edition

ISBN:9781337119207

Author:Carl Warren, James M. Reeve, Jonathan Duchac

Publisher:Carl Warren, James M. Reeve, Jonathan Duchac

Chapter22: Evaluating Variances From Standard Costs

Section: Chapter Questions

Problem 8DQ: A. Describe the two variances between the actual costs and the standard costs for factory overhead....

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Question

Under the 3 variance method for analyzing overhead, the difference between the actual factory overhead and factory overhead applied to production is the ___________ variance

A. controllable

B. efficiency

C. net overhead

D. spending

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