The difference between the actual manufacturing overhead and the manufacturing overhead applied to production is the
A) sum of spending, efficiency, budget and volume variances.
B) efficiency variance.
C) spending variance.
D) volume variance.

Question

Quizplus · Accepted Answer

The difference between the actual manufacturing overhead and the manufacturing overhead applied to production is the sum of spending, efficiency, budget, and volume variances. These variances help in analyzing the differences in overhead costs and are crucial for cost control and management decision-making.

The Difference Between the Actual Manufacturing Overhead and the Manufacturing