The Difference Between the Total Factory Overhead Cost in the Flexible

question 163

Multiple Choice

The difference between the total factory overhead cost in the flexible budget for the actual units produced and the amount of factory overhead cost applied to products using the standard overhead rate is called the factory overhead ________:

• A) Flexible-budget variance
• B) Production-volume variance
• C) Total fixed cost variance
• D) Efficiency variance
• E) Controllable variance

---

Definitions:

Fiber-Optic Cable

A type of cable made of glass or plastic fibers that transmit data as light pulses, offering high bandwidth and low signal loss.

EtherNet/IP Protocol

A communications protocol widely used in industrial applications for networking various devices, including PLCs and sensors, over Ethernet.

Control and Information Protocol

A network protocol used in industrial automation to manage and transfer control data and device information.