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Katseye Katseye
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A year ago
The variable overhead efficiency variance is calculated as

▸ actual cost − (standard quantity × standard price).

▸ actual results minus flexible budget amount.

▸ actual cost − (actual quantity × standard price).

▸ standard price × (actual quantity × standard quantity).
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
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deathnature9deathnature9
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A year ago
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Katseye Author
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A year ago
Good timing, thanks!
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Yesterday
Thanks
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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