The variable overhead spending variance,the fixed overhead spending variance,and the variable overhead efficiency variance can be combined to find the:

A) Production variance.
B) Quantity variance.
C) Volume variance.
D) Price variance.
E) Controllable variance.

Variable Overhead Efficiency Variance

The difference between the standard cost of variable overheads allocated for actual production and the actual variable overheads incurred, used to assess efficiency in controlling variable overhead costs.

Fixed Overhead Spending Variance

The difference between the actual fixed overhead costs incurred and the budgeted or standard fixed overhead costs.

Variable Overhead Spending Variance

Refers to the difference between the actual variable overheads incurred and the standard variable overheads expected for the actual production level.