When machine-hours are used as an overhead cost-allocation base, the most likely cause of a favorable variable overhead spending variance is
Question
Solution 1
A favorable variable overhead spending variance occurs when the actual costs are less than the standard costs. When machine-hours are used as an overhead cost-allocation base, the most likely cause of a favorable variance could be:
- Efficient use of machinery: If the machines are used efficiently Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
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