In Analyzing Manufacturing Overhead Variances,the Volume Variance Is the Difference

question 191

Multiple Choice

In analyzing manufacturing overhead variances,the volume variance is the difference between the

• A)amount shown in the flexible budget and the amount shown in the debit side of the overhead control account.
• B)predetermined overhead application rate and the flexible budget application rate times actual hours worked.
• C)budget allowance based on standard hours allowed for actual production for the period and the amount budgeted to be applied during the period.
• D)actual amount spent for overhead items during the period and the overhead amount applied to production during the perioD.