The _____ is the difference between the actual variable overhead costs and the budgeted variable overhead for actual production.
A) variable factory overhead quantity variance
B) variable factory overhead controllable variance
C) variable factory overhead rate variance
D) variable factory overhead volume variance

Question

Quizplus · Accepted Answer

The variable factory overhead controllable variance is the difference between the actual variable overhead costs incurred and the budgeted (or standard) variable overhead costs for the actual level of production. This variance helps in assessing how well the variable overhead costs were controlled.

The _____ Is the Difference Between the Actual Variable Overhead