What Is the Variable Overhead Spending Variance for the Month

question 5

Multiple Choice

What is the variable overhead spending variance for the month?

• A) $1,715 U.
• B) $1,715 F.
• C) $2,870 U.
• D) $2,870 F.

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Definitions:

State Tax Registration

The process by which a business or individual registers with a state authority to collect, report, and remit taxes as required by law.

Liability

Legal responsibility or obligation, especially for debts or damages.

Organizational Form

The structure or framework adopted by a business or entity that dictates its operational and governance approach, such as a corporation, partnership, or sole proprietorship.

Owners' Acts

Legal actions or decisions made by the owners of a property or business.