Demonstrates the comparison of the four-variance method

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Which of the following correctly demonstrates the comparison of the four-variance method of factory overhead analysis to the two-variance method of factory overhead analysis?

a. The sum of the fixed and variable spending variances in the four-variance method is equal to the flexible-budget variance in the two-variance method.

b. The sum of the fixed and variable spending and variable efficiency variances in the four-variance method is equal to the flexible-budget variance in the two-variance method.

c. The sum of the fixed and variable spending, variable efficiency and production-volume variances in the four-variance method is equal to the flexible-budget variance in the two-variance method.

d. The fixed spending variance in the four-variance method is equal to the flexible-budget variance in the two-variance method.

Reference no: EM13776913

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