Accounting · Management Accounting
When the actual variable overhead rate and actual hours worked match the budgeted rate and standard hours perfectly, what is the total direct variable overheads variance?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1$11,000 Adverse
- 2$12,000 Adverse
- 3$12,000 Favourable
- 4Nil✓
Correct answer
Nil
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