Which of the Following Statements About Overhead Variances Is False

question 160

Multiple Choice

Which of the following statements about overhead variances is false?

• A) Standard hours allowed are used in calculating the controllable variance.
• B) Standard hours allowed are used in calculating the volume variance.
• C) The controllable variance pertains solely to fixed costs.
• D) The total overhead variance pertains to both variable and fixed costs.

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Definitions:

Frequency

The rate at which something occurs over a particular period of time or in a given sample.

Collection Of Text

An assembly or compilation of written or printed works or documents.

Trends Over Time

Patterns or movements in data that reveal changes or developments in a particular area of interest over a period.

Line Chart

A type of chart that displays information as a series of data points connected by straight line segments, often used to show trends over time.