Which term below is best paired with "the difference between the actual overhead cost incurred and the flexible budget amount of overhead cost for actual number of output"?

Question

Quizplus · Accepted Answer

The term "the difference between the actual overhead cost incurred and the flexible budget amount of overhead cost for actual number of output" is known as the overhead flexible budget variance. A is incorrect as it refers to the variance between the actual sales volume and the budgeted sales volume. B is incorrect as it is the budget that adjusts to the actual level of output. C is incorrect as it refers to comparing your company's performance to a standard or industry average.

Which Term Below Is Best Paired with "The Difference Between