The variance that LEAST affects cost control is the ________ variance.
A)flexible budget
B)direct material price
C)planning
D)direct labor efficiency

Question

Quizplus · Accepted Answer

Planning variance refers to the difference between the actual results and the expected results in the planning stage. This variance is not controllable as it is based on estimates and assumptions made during the planning stage. Therefore, planning variance is least likely to affect cost control.

The Variance That LEAST Affects Cost Control Is the ________