Since the controllable variance measures the efficiency of using variable overhead resources, if budgeted variable overhead exceeds actual results, the variance is favorable.

Name: Since the controllable variance measures the efficiency of using variable overhead resources, if budgeted variable overhead exceeds actual results, the variance is favorable.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

A favorable variance occurs when the actual spending is less than what was budgeted, indicating efficient use of resources.

Since the Controllable Variance Measures the Efficiency of Using Variable