Other questions in this quiz

2. Variable Overhead

  • Standard Quantity Used x Standard Rate - Actual Quantity Used x Actual Rate
  • Standard Rate x Actual Quantity - Actual Rate x Actual Quantity

3. Fixed Overhead

  • Actual Output x Overhead Absorption per unit - Actual Cost
  • Standard Output x Overhead Absorption per unit - Actual Cost

4. Fixed Overhead Volume

  • Actual Output x Overhead Absorption per unit - Budgeted Cost
  • Standard Output x Overhead Absorption per unit - Actual Cost

5. Variable Overhead Expenditure

  • Standard Rate x Actual Quantity - Actual Rate x Actual Quantity
  • Standard Rate x Standard Quantity - Actual Rate x Standard Quantity

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