Skizone Company's 4-Variance Analysis

question 7

Multiple Choice

Skizone Company's 4-Variance Analysis:

Which of the following statements is true of Skizone's overhead variances?

• A) Budgeted variable overhead rate is higher than actual variable overhead rate.
• B) Static fixed overhead amount is higher than flexible fixed overhead amount.
• C) Budgeted variable overhead rate is lower than actual variable overhead rate.
• D) Static fixed overhead amount is lower than flexible fixed overhead amount.

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