Trull Company uses a standard cost system. Variable overhead costs are allocated based on direct labor hours. Inthe first quarter, Trull had a favorable cost variance for variable overhead costs. Which of the following scenarios isa reasonable explanation for this variance?A. The actual number of direct labor hours was lower than the budgeted hours.B. The actual variable overhead costs were higher than the budgeted costs.OC. The actual variable overhead costs were lower than the budgeted costs.OD. The actual number of direct labor hours was higher than the budgeted hours.

Expenses like utilities, maintenance, and indirect labor are examples of variable overhead expenses…

Trull Company uses a standard cost system. Variable overhead costs are allocated based on direct labor hours. In the first quarter, Trull had a favorable cost variance for variable overhead costs. Which of the following scenarios is a reasonable explanation for this variance? www OA. The actual number of direct labor hours was lower than the budgeted hours. OB. The actual variable overhead costs were higher than the budgeted costs. OC. The actual variable overhead costs were lower than the budgeted costs. OD. The actual number of direct labor hours was higher than the budgeted hours.

Trull Company uses a standard cost system. Variable overhead costs are allocated based on direct labor hours. In the first quarter, Trull had a favorable cost variance for variable overhead costs. Which of the following scenarios is a reasonable explanation for this variance? www OA. The actual number of direct labor hours was lower than the budgeted hours. OB. The actual variable overhead costs were higher than the budgeted costs. OC. The actual variable overhead costs were lower than the budgeted costs. OD. The actual number of direct labor hours was higher than the budgeted hours.

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter8: Standard Costs And Variances

Section: Chapter Questions

Problem 19MC: The variable overhead rate variance is caused by the sum between which of the following? A. actual...

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