The variable overhead rate variance is calculated as:
A) The difference between Actual Costs and Split Costs
B) The difference between the actual and standard rates, multiplied by the actual driver usage
C) The difference between the actual and standard rates, multiplied by the standard driver usage
D) The difference between Actual Costs and Standard Costs
E) None of the above

Question

Quizplus · Accepted Answer

The answer is not B because the "actual rate" is unknown"

The Variable Overhead Rate Variance Is Calculated As