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What Is Variable Overhead Efficiency Variance? |
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Answer» Variable OVERHEAD efficiency variance: SUBTRACT the BUDGETED units of ACTIVITY on which the variable overhead is charged from the ACTUAL units of activity, multiplied by the standard variable overhead cost per unit. Variable overhead efficiency variance: Subtract the budgeted units of activity on which the variable overhead is charged from the actual units of activity, multiplied by the standard variable overhead cost per unit. |
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