Stichworte overhead variance

Stichworte: overhead variance

Which of the following is the reason for overhead variance in cost accounting?

Which of the following is the reason for overhead variance in cost accounting?

If a firm uses variable costing, fixed manufacturing overhead will be included

If a firm uses variable costing, fixed manufacturing overhead will be included

When standard overhead costs are charged to production during the period, ______

When standard overhead costs are charged to production during the period, ______

If less overhead is applied than was budgeted, the production volume variance is

If less overhead is applied than was budgeted, the production volume variance is

If a firm uses absorption costing, fixed manufacturing overhead will be included

If a firm uses absorption costing, fixed manufacturing overhead will be included

The number that should be used to evaluate production performance is the variance from the budget

The number that should be used to evaluate production performance is the variance from the budget

What are the causes of Overapplied or Underapplied overhead when should the Overapplied or Underapplied overhead account be closed explain your answer?

What are the causes of Overapplied or Underapplied overhead when should the Overapplied or Underapplied overhead account be closed explain your answer?

The materials price variance can be computed at what two different points in time

The materials price variance can be computed at what two different points in time

The controllable variance is the difference between the actual total overhead and:

The controllable variance is the difference between the actual total overhead and:

Why should factory overhead expenses be separated from corporate overhead expenses

Why should factory overhead expenses be separated from corporate overhead expenses

In using variance reports to evaluate cost control, management normally looks into

In using variance reports to evaluate cost control, management normally looks into

What accounts can be adjusted when the estimated overhead has been Overapplied or Underapplied?

What accounts can be adjusted when the estimated overhead has been Overapplied or Underapplied?

Which of the following is a possible cause of an unfavorable labor efficiency variance?

Which of the following is a possible cause of an unfavorable labor efficiency variance?

A materials price variance is unfavorable if the actual price exceeds the standard price.

A materials price variance is unfavorable if the actual price exceeds the standard price.

Which of the following is a disadvantage of the departmental overhead rate method quizlet?

Which of the following is a disadvantage of the departmental overhead rate method quizlet?

Which of the following states that transaction is not recorded in the books of accounts unless it is measurable in terms of money?

Which of the following states that transaction is not recorded in the books of accounts unless it is measurable in terms of money?

What term is used to refer to the cost that are indirectly associated with the manufacture of the finished product?

What term is used to refer to the cost that are indirectly associated with the manufacture of the finished product?

Are selling and administrative expenses treated as product costs or period costs under variable costing What about manufacturing overhead MOH costs?

Are selling and administrative expenses treated as product costs or period costs under variable costing What about manufacturing overhead MOH costs?

Why are multiple overhead rates used rather than a plantwide overhead rate in some companies?

Why are multiple overhead rates used rather than a plantwide overhead rate in some companies?

Compared to a plantwide overhead rate system, a multiple predetermined overhead rate system is

Compared to a plantwide overhead rate system, a multiple predetermined overhead rate system is

What happens to the variance of the sampling distribution of the sample mean as n increases?

What happens to the variance of the sampling distribution of the sample mean as n increases?

When the actual hourly rate is lower than the standard hourly rate, the labor rate variance is

When the actual hourly rate is lower than the standard hourly rate, the labor rate variance is

Who is generally responsible for the materials price variance the materials quantity variance?

Who is generally responsible for the materials price variance the materials quantity variance?

Identify the formula for the variance of the distribution of differences in means, σs known.

Identify the formula for the variance of the distribution of differences in means, σs known.

Which term is used for the amount you are left with after subtracting overhead expenses from the departmental profit?

Which term is used for the amount you are left with after subtracting overhead expenses from the departmental profit?