The variable overhead efficiency variance depends on whether the quantity of the cost driver used is more or less than ________.
A) the standard amount of output for the expected amount of output
B) the quantity allowed for the expected amount of output
C) the quantity allowed for the static budget amount of output
D) the standard quantity allowed for the actual output

Question

Quizplus · Accepted Answer

The variable overhead efficiency variance is calculated based on the difference between the actual quantity of the cost driver used and the standard quantity allowed for the actual output.

The Variable Overhead Efficiency Variance Depends on Whether the Quantity