Which of the following elements is (are)needed in a straightforward calculation of the variable-overhead spending variance?
A)Variable overhead incurred during the period.
B)Budgeted variable overhead based on actual hours worked.
C)Standard variable overhead applied to production.
D)Elements "A" and "B" above.
E)Elements "A" and "C" abovE.

Question

Quizplus · Accepted Answer

The variable-overhead spending variance is calculated by comparing the actual variable overhead incurred (A) with the budgeted variable overhead based on actual hours worked (B).

Which of the Following Elements Is (Are)needed in a Straightforward