In the three-variance method of factory overhead analysis,what standard cost variance represents the difference between actual factory overhead incurred and budgeted factory overhead based on actual hours worked?

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The spending variance represents the difference between actual factory overhead incurred and budgeted factory overhead based on actual hours worked. A represents the difference between actual hours worked and standard hours allowed, B represents the difference between standard cost and actual cost, and D represents the difference between actual quantity used and standard quantity allowed.

In the Three-Variance Method of Factory Overhead Analysis,what Standard Cost