The difference between the total actual factory overhead and the total factory overhead applied to production is the:
A) sum of the spending, efficiency, budget, and volume variances.
B) controllable variance.
C) efficiency variance.
D) spending variance.
E) volume variance.

Question

Quizplus · Accepted Answer

The difference between the total actual factory overhead and the total factory overhead applied to production encompasses all variances related to overhead costs, including spending, efficiency, budget, and volume variances. These variances together account for the discrepancies in overhead costs.

The Difference Between the Total Actual Factory Overhead and the Total