Overhead efficiency variances:
A) Provide managers with useful information for cost management
B) Do not provide marginal information for cost management because they involve estimates
C) Do not provide new cost management information because direct cost efficiency variances provide the same information
D) Provide useful information for financial reporting purposes

Question

Quizplus · Accepted Answer

The Answer of Overhead efficiency variances:
A) Provide managers with useful information for cost management
B) Do not provide marginal information for cost management because they involve estimates
C) Do not provide new cost management information because direct cost efficiency variances provide the same information
D) Provide useful information for financial reporting purposes

Overhead Efficiency Variances