The difference between the total actual factory overhead and the total factory overhead applied to production is the:
A. spending variance.
B. efficiency variance.
C. sum of the spending, efficiency, budget, and volume variances.
D. controllable variance.
E. volume variance.
Answer: C
You might also like to view...
In the United States, insider trading is considered
a. unethical, but not illegal. b. neither unethical nor illegal. c. both unethical and illegal. d. illegal, but not unethical.
______ is also known as a company’s core purpose.
a. Mission b. Vision c. Inspiration statement d. none of these
Which of the following statements is true regarding independent insurance agents in property and liability insurance?
A) The insurer owns the expiration rights, not the independent agent. B) Independent agents are only permitted to represent one insurance company. C) Independent agents are paid the same commission rate on new and renewal business. D) Independent agents are not permitted to sell life and health insurance.
All stock dividends are recorded at par value so there would never be a credit to the paid-in capital in excess of par value account.
Answer the following statement true (T) or false (F)