The Variable Overhead Spending Variance

question 90

Multiple Choice

The variable overhead spending variance

• A)is the difference between the actual cost of variable overhead items and the amount of variable overhead cost that is expected to be incurred at the actual level of activity base experienced.
• B)has to do with the efficient use of the activity base rather than the efficient use of the variable overhead item.
• C)captures whether the company has paid more or less for variable overhead items.
• D)All of these answer choices are correct.

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Definitions:

Bus Arbitration

In serial bus multiplexing, the method used to negotiate message priority.

SAs/MIDs

Acronyms typically used in diagnostic systems for vehicles, SAs refer to Source Addresses, and MIDs refer to Message Identifiers in electronic control units.

Data Bus

A communication system within a computer or between computers that transfers data between components.

Open Tees

Tee-shaped fittings with an open end, used in plumbing or piping systems to branch off the main line, permitting flow in one or more directions.