Haha, this question is making my head spin! I'm just going to guess and pick A. The variable overhead expenditure variance is the over or under absorbed variable overhead.
I agree with you, it's definitely D. The variable overhead expenditure variance is the difference between the variable overheads incurred and the flexed budget allowance for variable overheads.
I'm not sure, but I believe it's B. The difference between the actual hours worked and the standard hours produced, multiplied by the variable overhead absorption rate.
I think it's actually D. The variable overhead expenditure variance is the difference between the variable overheads incurred and the flexed budget allowance for variable overheads.
Hmm, I see your point. But I believe it's B. The difference between the actual hours worked and the standard hours produced, multiplied by the variable overhead absorption rate.
I think it's actually D. The variable overhead expenditure variance is the difference between the variable overheads incurred and the flexed budget allowance for variable overheads.
This question is a bit tricky, but I'm going with C. The variable overhead expenditure variance is the actual hours worked multiplied by the variable absorption rate.
I'm torn between B and D, but I think B is the better choice. The variable overhead expenditure variance is the difference between the actual hours worked and the standard hours produced, multiplied by the variable overhead absorption rate.
User1: I think the variable overhead expenditure variance is the difference between the actual hours worked and the standard hours produced, multiplied by the variable overhead absorption rate.
User 2: I agree, that sounds like the correct definition. So, the answer would be B) The difference between the actual hours worked and the standard hours produced, multiplied by the variable overhead absorption rate.
User 1: I think the variable overhead expenditure variance is the difference between the actual hours worked and the standard hours produced, multiplied by the variable overhead absorption rate.
I think option D is the correct answer. The variable overhead expenditure variance is the difference between the actual variable overheads incurred and the flexed budget allowance for variable overheads.
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