An overhead efficiency variance occurs when: A) The actual number of hours needed to manufacture...

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Accounting

An overhead efficiency variance occurs when:

A) The actual number of hours needed to manufacture the product is either more or less than the standard budgeted number of hours.

B) The actual number of hours needed to manufacture is less than the standard budgeted number of hours.

C) The actual number of hours needed to manufacture is more than the standard budgeted number of hours.

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