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jonaschem16 jonaschem16
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A year ago
The variable overhead spending variance is calculated as

▸ Standard cost - (actual quantity × actual price).

▸ Actual cost - (standard quantity × standard price).

▸ Actual cost - (actual quantity × standard price).

▸ Actual results minus the variable overhead flexible budget amount.
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
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rectorrector
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jonaschem16 Author
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A year ago
You make an excellent tutor!
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Brilliant
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Thanks
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