Which of the following statements about overhead variances is false?
A) Standard hours allowed are used in calculating the controllable variance.
B) Standard hours allowed are used in calculating the volume variance.
C) The controllable variance pertains solely to fixed costs.
D) The total overhead variance pertains to both variable and fixed costs.

Question

Quizplus · Accepted Answer

The controllable variance can pertain to both fixed and variable costs, not solely fixed costs.

Which of the Following Statements About Overhead Variances Is False