Which of the following is not an overhead variance?
A) Variable-overhead spending variance.
B) Variable-overhead efficiency variance.
C) Fixed-overhead efficiency variance.
D) Fixed-overhead budget variance.
E) Fixed-overhead volume variance.

Question

Quizplus · Accepted Answer

Fixed-overhead efficiency variance is not an overhead variance because efficiency variances are related to the variable portion of overheads, reflecting how efficiently resources are used. Fixed overheads do not vary with efficiency in the short term; they are constant regardless of the level of output.

Which of the Following Is Not an Overhead Variance