[Solved] The formula for calculating the variable overhead total variance is:

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Q.	The formula for calculating the variable overhead total variance is:
A.	(Standard hours less actual hours) x variable overhead absorption rate
B.	Actual variable overhead less (actual hours x actual hours worked x variable overhead absorption rate)
C.	Actual variable overhead expenditure less budgeted variable overhead expenditure
D.	Actual variable overhead less (standard hours x actual production x variable overhead absorption rate)
Answer» B. Actual variable overhead less (actual hours x actual hours worked x variable overhead absorption rate)

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