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If the controllable overhead variance is favorable the overhead volume variance?
volume variance relates to Fixed cost absorption, where as controllable variances arise due difference in actual variable spending per activity measure.
The difference between variable factory overhead incurred and total standard variable factory overhead based on the actual quantity of the cost driver for applying the overhead is the?
cheatFAIL
Is Manufacturing cost is overhead or variable?
Manufacturing cost is variable cost.
Is overhead spending variance affected by excessive usage or waste of overhead materials?
True
How does the planning of fixed overhead costs differ from the planning of variable overhead costs?
it doens't
If the controllable overhead variance is favorable the overhead volume variance?
volume variance relates to Fixed cost absorption, where as controllable variances arise due difference in actual variable spending per activity measure.
What is difference between fixed overhead and variable overhead?
The difference between fixed overhead and variable overhead is that fixed overheads are the ones that do not change regardless and variable overheads are the ones that vary depending on the number of units that it produces. An example of fixed overhead is a managers salary.
Variable manufacturing overhead cost per direct labor hour?
Variable manufacturing overhead cost per direct labor hour means the variable overhead cost spent for one single labor hour and formula is as follows:Variable overhead cost per labor hour = total variable overhead cost / Total direct labor hours
The difference between variable factory overhead incurred and total standard variable factory overhead based on the actual quantity of the cost driver for applying the overhead is the?
cheatFAIL
What is variable manufacturing overhead spending variance?
Act. Hr x (Std. Rate - Act. Rate) actual hours times standart rate minus actual rate
What is variable overhead?
A cost that is not fixed.
Is Manufacturing cost is overhead or variable?
Manufacturing cost is variable cost.
Is overhead spending variance affected by excessive usage or waste of overhead materials?
True
How does the planning of fixed overhead costs differ from the planning of variable overhead costs?
it doens't
What costing method considers variable factory overhead a product cost?
variable costing
Manufacturing overhead - fixed or variable cost?
Compute the actual and budgeted manufacturing overhead rate
What is the difference between variable overheads cost variance andfixed overheads cost variance?
Variable overhead cost variance is that variance which is in variable overheads costs between the standard cost and the actual variable cost WHILE fixed overheads cost variance is variance between standard fixed overhead cost and actual fixed overhead cost.
