Assume that machine hours is the cost driver for overhead.The difference between the actual variable overhead incurred and the applied variable overhead is the:
A)volume variance.
B)production variance.
C)efficiency variance.
D)sum of the spending and efficiency variances.
E)spending variancE.

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The Answer of Assume that machine hours is the cost driver for overhead.The difference between the actual variable overhead incurred and the applied variable overhead is the:
A)volume variance.
B)production variance.
C)efficiency variance.
D)sum of the spending and efficiency variances.
E)spending variancE.

Assume That Machine Hours Is the Cost Driver for Overhead