A Three-Way Overhead Variance Analysis Refers to

A three-way overhead variance analysis refers to

A) a variance analysis comprising three variances, including overhead spending variance, variable overhead efficiency variance, fixed overhead volume variance.
B) a variance analysis comprising three variances, including variable overhead spending variance, variable overhead efficiency variance, and fixed overhead budget variance.
C) a variance analysis that requires managers to estimate each variance using information from three different independent sources.
D) a variance analysis that requires managers to average the variances calculated over three accounting periods.