Which of the following will determine the total variance for manufacturing overhead?
A)The difference between the overhead applied to inventory at standard and the actual overhead costs
B)The difference between fixed overhead and variable overhead
C)The difference between the efficiency variance and the rate variance
D)The difference between the controllable overhead variance and the overhead volume variance

Question

Quizplus · Accepted Answer

Total variance for manufacturing overhead is determined by calculating the difference between the overhead applied to inventory at standard and the actual overhead costs. This variance is composed of two parts: the variable overhead spending variance and the fixed overhead spending variance.

Which of the Following Will Determine the Total Variance for Manufacturing