The variable overhead spending variance is the difference between the actual variable overhead cost and the amount of variable overhead cost budgeted for the actual level of cost driver activity.

Name: The variable overhead spending variance is the difference between the actual variable overhead cost and the amount of variable overhead cost budgeted for the actual level of cost driver activity.
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Question

Quizplus · Accepted Answer

This statement correctly describes the definition of the variable overhead spending variance.

The Variable Overhead Spending Variance Is the Difference Between the Actual