MC Qu. 11-56 Bannister Motors Corporation reported...Bannister Motors Corporation reported the following variances for the period just ended:Variable-overhead spending variance: $66,000UVariable-overhead efficiency variance: $44,000UFixed-overhead budget variance: $86,000UFixed-overhead volume variance: $46,000UIf Bannister desires to analyze variances that arose primarily from managers' expenditures in excess of anticipated amounts, the company should focus on variances that total:Multiple ChoiceO$66,000U.$86,000U.$152.000U.$242,000U.None of the answers is correct.

Variance manages the cost gauge of the project. It furnishes you with data about whether you are an…

Answered: Bannister Motors Corporation reported…

Business

Accounting

Bannister Motors Corporation reported the following var

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

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MC Qu. 11-56 Bannister Motors Corporation reported...
Bannister Motors Corporation reported the following variances for the period just ended:
Variable-overhead spending variance: $66,000U
Variable-overhead efficiency variance: $44,000U
Fixed-overhead budget variance: $86,000U
Fixed-overhead volume variance: $46,000U
If Bannister desires to analyze variances that arose primarily from managers' expenditures in excess of anticipated amounts, the company should focus on variances that total:
Multiple Choice
O
$66,000U.
$86,000U.
$152.000U.
$242,000U.
None of the answers is correct.

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