The variable overhead rate variance is also known as which of the following?
A)Variable overhead efficiency variance
B)Variable overhead usage variance
C)Variable overhead spending variance
D)Variable overhead price variance

Question

Quizplus · Accepted Answer

The variable overhead rate variance is also known as the variable overhead spending variance. This variance measures the difference between the actual variable overhead rate paid and the standard variable overhead rate that was expected to be paid.

The Variable Overhead Rate Variance Is Also Known as Which