The difference between actual quantity and budgeted quantity of cost allocation base is classified as Options: A . &nbspfixed overhead efficiency variance B . &nbspvariable overhead efficiency variance C . &nbspvariable overhead manufacturing variance D . &nbspfixed overhead manufacturing variance

The difference between actual quantity and budgeted quantity of cost allocation

Question

The difference between actual quantity and budgeted quantity of cost allocation base is classified as

Options:

A . fixed overhead efficiency variance

B . variable overhead efficiency variance

C . variable overhead manufacturing variance

D . fixed overhead manufacturing variance

Answer: Option B
Answer: (b).variable overhead efficiency variance

Was this answer helpful ?

Next Question

Question 1. In manufacturing settings, the budgeted fixed overhead rate is classified as....

Question 2. The lump sum cost that remains unchanged in total despite of changes in total volume is classified as....

Question 3. An activity based costing hierarchy includes....

Question 4. In production volume variance, an acquiring fixed cost such as equipment and plant lease is known as....

Question 5. If fixed overhead allocated for actual output units is $36000 and the production volume variance is $7000, then budgeted....volume variance is $7000, then budgeted fixed overhead will be

Question 6. If the total setup cost is $42000 and fixed setup cost is $17000, then the variable fixed cost would be....

Question 7. If the fixed setup cost is $32000 and the variable setup cost is $12000, then the setup cost will be....

Question 8. To calculate fixed overhead flexible budget variance, an actual incurred cost is subtracted from....

Question 9. The first step in developing cost rate for budgeted variable overhead is to....

Question 10. In overhead cost variance analysis, the fixed overhead does not include....

Chapter 1 - GLOBAL STEEL SCENARIO & INDIAN STEEL INDUSTRY Part 1 : (13-04-2024) INDUSTRY AND COMPANY AWARENESS (ICA)

Direction Sense Test Part 1 Reasoning (Hindi)

Chapter 1 - RMHP / OHP / OB & BP Part 1 : (14-02-2024) GPOE

Cube & Cuboid Part 1 Reasoning (Hindi)

Data Interpretation (DI) Basic Concept Reasoning (Hindi)

Counting Figures Part 1 Counting Of Straight Lines Reasoning (Hindi)

Sail E0 free webinar Webinars

Real Numbers Part 7 Class 10 Maths

Real Numbers Part 1 Class 10 Maths

Polynomials Part 1 Class 10 Maths

DSP Combined 1 Free Revision Test SAIL JO E-0

GPOE / GPA Combined 1 Free Revision Test SAIL JO E-0

BSP Plant Specific Review Test SAIL JO E-0

BSL Combined 1 Free Revision Test SAIL JO E-0

GFM Combined 1 Free Revision Test SAIL JO E-0