The difference between actual overhead costs incurred and the budgeted overhead costs based on a flexible budget is the:
A) Controllable variance.
B) Quantity variance.
C) Volume variance.
D) Price variance.
E) Production variance.

Question

Quizplus · Accepted Answer

The controllable variance is the difference between actual overhead costs incurred and the budgeted overhead costs based on a flexible budget.

The Difference Between Actual Overhead Costs Incurred and the Budgeted