11-6 The materials price variance consists
the difference between total budgeted fixed
entirely of differences in price paid from stan-
dard. The variable overhead spending variance
overhead cost and the total amount of fixed
overhead cost incurred. If actual costs exceed
consists of two elements. One element is like a
price variance and results from differences be-
budgeted costs, the variance is labeled unfavor-
able.
tween actual and standard prices for variable
overhead inputs. The other element is like a
Bạn đang xem 11- - SOLUTIONS TO QUESTION MANAGERIAL ACCOUNTING CH11 FLEXIBLE BUDGETS AND OVERHEAD ANALYSIS