To compute the variable overhead cost variance, first compute the difference between actual cost and standard cost. Then, multiple this difference by standard quantity
Indicate whether the statement is true or false
FALSE .To compute the variable overhead cost variance, first compute the difference between actual cost and standard cost. Then, multiple this difference by actual quantity.
Business
You might also like to view...
Roberts Produce Company has fixed costs of $14,000. The company's contribution margin ratio is 46%, and the ratio of selling revenue to sales is 20%. What is the breakeven point in sales dollars? (Round your answer to the nearest dollar.)
A) $70,000 B) $30,435 C) $6,440 D) $2,800
Business
What type of economic system presently exists in Mexico?
A. Socialist market B. Communist C. Free market D. Planned economy
Business