In Analyzing Manufacturing Overhead Variances,the Volume Variance Is the Difference

question 110

Multiple Choice

In analyzing manufacturing overhead variances,the volume variance is the difference between the

• A)amount shown in the flexible budget and the amount shown in the debit side of the overhead control account.
• B)predetermined overhead application rate and the flexible budget application rate times actual hours worked.
• C)budget allowance based on standard hours allowed for actual production for the period and the amount budgeted to be applied during the period.
• D)actual amount spent for overhead items during the period and the overhead amount applied to production during the period.

---

Definitions:

Regional Human Capital

The collective skills, knowledge, and experience possessed by an area's workforce, which contributes to its economic development.

Power Distance

The degree to which subordinates in an organization accept that power is distributed unequally.

Emotionally Expressive

Describes individuals or behaviors that openly and effectively communicate emotions to others.

Confrontational

An approach or manner that involves direct opposition, often leading to conflicts or disputes.