Variable Overhead Price Variance Can Be Expressed As

question 15

Multiple Choice

Variable overhead price variance can be expressed as:

• A) Actual quantity x (actual price + standard price)
• B) Actual price x ( actual price - standard price)
• C) Actual quantity x (actual price - standard price)
• D) Standard price x ( actual quantity - standard quantity)

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Definitions:

HR Scorecard

A performance measurement tool used to identify and measure the contribution of human resources activities to the organization's strategy and goals.

Deliverables

The specific outcomes, products, or services that must be delivered upon completion of a project or task.

Strategy

A plan of action designed to achieve a major or overall goal, often involving the allocation of resources and decision-making processes.

Audit

A measurement method that assesses progress against plan.