In a Standard Costing System, the Total Manufacturing Overhead Variance

question 49

Multiple Choice

In a standard costing system, the total manufacturing overhead variance is measured as

• A) the difference between applied overhead based on actual output and actual overhead cost incurred.
• B) the difference between actual overhead costs for two subsequent periods.
• C) the difference between overhead costs in the flexible budget for two subsequent periods.
• D) the difference between standard overhead applied and the overhead cost in the flexible budget.

---

Definitions:

Money

Any item or verifiable record that is generally accepted as payment for goods and services and repayment of debts in a particular country or socio-economic context.

Issued

Issued generally refers to the official distribution or release of items such as documents, currency, or securities by an authoritative entity.

Declared

Stated or made known officially or publicly.

Unit Of Account

A standard numerical monetary unit of measurement of the market value of goods, services, and other transactions.