An overhead cost performance report is composed of the
A) actual and budgeted costs for each overhead item.
B) variable overhead spending and efficiency variances.
C) fixed overhead budget variance along with actual and budgeted costs for each overhead item.
D) variable overhead spending and efficiency variances, fixed overhead budget variance, and actual and budgeted costs for each overhead item.

Question

Quizplus · Accepted Answer

An overhead cost performance report typically includes all aspects of overhead costs: variable overhead spending and efficiency variances, fixed overhead budget variance, and actual and budgeted costs for each overhead item. This comprehensive approach allows for a detailed analysis of overhead cost management.

An Overhead Cost Performance Report Is Composed of the