A favourable variable overhead spending variance could be due to lower use of actual resources than expected or lower cost of actual resources compared to standard costs.

Question

Quizplus · Accepted Answer

A favorable variable overhead spending variance occurs when the actual costs of variable overheads are less than the expected costs at the actual level of production, which can result from either using fewer resources than planned or paying less for those resources than anticipated.

A Favourable Variable Overhead Spending Variance Could Be Due to Lower