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Business, 05.05.2020 05:02 HOTaco2181

Question Help Each of the following statements is correct regarding overhead variances except: A. Favorable spending and efficiency variances imply that the flexible budget variance must be favorable. B. The efficiency overhead variance ignores the standard variable overhead rate. C. Actual overhead greater than applied overhead is unfavorable. D. Variable overhead rates are not a factor in the production-volume variance calculation.

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