Which of the following could be a variance that would be highlighted through standard costing?
A) Wage increases
B) Materials price increases
C) Excess overtime hours
D) Fixed cost reductions
E) All of the above

Question

Quizplus · Accepted Answer

Standard costing highlights variances in all areas of costs, including wage increases (labor variances), materials price increases (materials variances), excess overtime hours (labor efficiency variances), and fixed cost reductions (spending variances).

Which of the Following Could Be a Variance That Would