The Difference Between Variable Overhead Cost Incurred and the Total

question 130

Multiple Choice

The difference between variable overhead cost incurred and the total standard variable overhead cost allowed for the output of the period is called the:

• A) Total variable overhead variance.
• B) Variable factory overhead spending variance.
• C) Variable factory overhead rate variance.
• D) Variable factory overhead efficiency variance.
• E) Variable factory overhead usage variance.

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Definitions:

Power

The aptitude or competence to sway the decisions of individuals or alter the flow of occurrences.

Force

An interaction that, when unopposed, changes the motion of an object, described in terms of magnitude and direction.

Conflict Theorists

Sociologists who focus on the power differentials, inequality, and social conflicts in society, viewing them as the catalyst for social change.

Proletariat

The class of wage-earners in a capitalist society whose only significant material value is their labor power; a member of such a class is typically lacking in capital and property ownership.