Question

Which of the following is a frequent topic in transcendentalist literature that is also present in fuller's the great lawsuit?.

Answer 1

Answer:

The variable manufacturing overhead rate variance is the variance which arises due to differences in the budgeted variable overhead rate and the actual variable overhead rate. The formula to calculate this variance is as follows:

Variable Manufacturing Overhead Variance = Actual Variable Overhead Costs - (Standard Overhead Rate x Actual Hours)