Unfavorable variances are represented by credit balances in the overhead account.
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Q21: Favorable variances are represented by debit balances
Q22: Managers have no ability to control the
Q23: The difference between actual and budgeted fixed
Q24: The difference between budgeted and applied fixed
Q25: The difference between actual variable overhead and
Q27: The difference between budgeted variable overhead for
Q28: Unfavorable variances are represented by debit balances
Q29: A fixed overhead volume variance is a
Q30: A budget variance is a controllable variance.
Q31: The difference between budgeted variable overhead for
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