Formula for overhead cost variance

Q.  The formula to estimate overhead cost variances is
- Published on 15 Sep 15

a. Actual output * Standard overhead rate + actual variable overhead
b. Actual output * Standard overhead rate per unit - actual overhead cost
c. Actual output * Standard overhead rate per unit * actual overhead cost
d. None of the above

ANSWER: Actual output * Standard overhead rate per unit - actual overhead cost

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