The formula for calculating the variable overhead efficiency variance is
A)(AVOR ´ AH)- (SVOR ´ AH)
B)(AVOR - SVOR)SH
C)(AH - SH)SVOR
D)(AH - SH)AVOR
E)none of these

Name: The formula for calculating the variable overhead efficiency variance is A)(AVOR ´ AH)- (SVOR ´ AH) B)(AVOR - SVOR)SH C)(AH - SH)SVOR D)(AH - SH)AVOR E)none of these
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Question

Quizplus · Accepted Answer

The variable overhead efficiency variance is calculated as (Actual Hours - Standard Hours) multiplied by the Standard Variable Overhead Rate (SVOR).

The Formula for Calculating the Variable Overhead Efficiency Variance Is