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The variance that is least significant for cost control. A. Material price B. labor price C.fixed OH volume D. Variable OH spending

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Question added by Lesley Lanag CMA CPA , Senior Accountant , Takaful Emarat Insurance (P.S.C)
Date Posted: 2014/12/06
Ednalyn Banuelos, CMA
by Ednalyn Banuelos, CMA , Projects Accountant , Grade Ref., LLC

The least significant for cost control is fixed overhead volume variance. Aside from it offers only little information as compared to what can be determined from the other variances, its role is usually a balancing agent when computing fixed overhead variance.

VENKITARAMAN KRISHNA MOORTHY VRINDAVAN
by VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.

D. Variable OH spending

Fawzy Ahmed Salim El-Shabiby
by Fawzy Ahmed Salim El-Shabiby , Accountant , Servtel Information, Security, and Telecommunication Network Limited

Ans: C) fixed OH volume

mohammed elkheniny
by mohammed elkheniny , Financial Controller , DNM FOR SPINNING& WEAVING AND DYING

c)  is the correct one)

C. Fixed Overhead Volume Variance is least significant for cost control. 

Mir Mujtaba Ali
by Mir Mujtaba Ali , Internal Audit Manager , Confidential

c Fixed overhead volume

Khaled Mohee Eldeen Abbas Mahmoud
by Khaled Mohee Eldeen Abbas Mahmoud , Chartered Accountant # 10465 , Self-employed

C

Muhammad Aqeel
by Muhammad Aqeel , Assistant Manager Accounts and Finance , Abu Dhabi Medical Industries LLC

Answer c

georgei assi
by georgei assi , مدير حسابات , المجموعة السورية

The correct answer answer C

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