Definition of variable overhead efficiency variance

Reference no: EM1363810

The part of the variable overhead budget variance due to the difference between actual hours required and standard hours allowed for work done is called the:

a. variable overhead spending variance

b. variable overhead budget variance

c. variable overhead efficiency variance

d. variable overhead volume variance

Reference no: EM1363810

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Definition of variable overhead efficiency variance : The part of the variable overhead budget variance due to the difference between actual hours required and standard hours allowed for work done is called the:

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