The portion of the budget variance for variable overhead due to the difference between actual hours required and standard hours allowed for the work done is called the:
A)variable overhead spending variance.
B)variable overhead price variance.
C)variable overhead efficiency variance.
D)variable overhead volume variance.

Question

Quizplus · Accepted Answer

The variable overhead efficiency variance measures the difference between the actual hours worked and the standard hours allowed, reflecting efficiency in using variable overhead resources.

The Portion of the Budget Variance for Variable Overhead Due