What Is the Variable Overhead Spending Variance

question 105

Multiple Choice

What is the variable overhead spending variance?

• A) the total variable overhead less the applied variable overhead
• B) the total variable overhead less total budgeted overhead costs
• C) the total variable overhead less the budgeted overhead for the expected activity
• D) the actual variable overhead rate less the standard variable overhead rate, multiplied by the actual hours

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Definitions:

Ethical Compliance

Adherence to ethical standards and regulations set by professional bodies or legislation to ensure moral conduct in business practices.

Successfully Implemented

Refers to projects, initiatives, or strategies that have been executed effectively and have achieved their intended goals.

Pyramid Of Social Responsibility

A model that outlines a corporation's obligations to stakeholder groups in a hierarchical manner, prioritizing economic, legal, ethical, and philanthropic responsibilities.

Ethical And Socially Responsible

Being ethical and socially responsible means conducting business in a manner that is fair, ethical, and conscious of the broader community and environmental impact.