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Unformatted text preview: the variable overhead efficiency variance. 9. The total fixed overhead variance describes the difference between what two costs? 10. What is the fixed overhead spending variance? 11. What does the term practical capacity mean? 12. What is the cause of an unfavorable volume variance? 13. The total fixed overhead variance can be expressed as the sum of what two variances? 14. Explain how an activity based budget is prepared. 15. What are some advantages of activity based flexible budgets?...
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This note was uploaded on 09/29/2011 for the course ACC 2362 taught by Professor Thoede during the Fall '07 term at Texas State.
- Fall '07
- Managerial Accounting