Fixed overheads variance, Cost Accounting

Fixed Overheads Variance

This is defined like the difference between the fixed overheads attributed and the standard cost of fixed overheads absorbed in the production achieved whether completed or whether not and charged to that period.

This is in fact the over or under-absorbed overheads for the period beneath consideration.

The fixed overhead volume variance has two major components that are:

1. Fixed overhead expenditure variance, and

2. Fixed overhead volume variance

Posted Date: 2/7/2013 7:19:38 AM | Location : United States







Related Discussions:- Fixed overheads variance, Assignment Help, Ask Question on Fixed overheads variance, Get Answer, Expert's Help, Fixed overheads variance Discussions

Write discussion on Fixed overheads variance
Your posts are moderated
Related Questions
The number of workdays varies from month to month due to the number of weekdays, holidays, days of vacation, and sick leave taken in the month. The number of units produced in a mo

Show the effect of an increase in each of the items listed below on the FCFF and FCFE. Suppose a $100 increase in every case and a 40 percent tax rate a.    Net income b.    Cas

Superior Door Company sells pre-hung doors to home builders. The doors are sold for $60 each. Variable costs are $42 per door and fixed costs total $450,000 per year. The company i

Listed below are some balances of XYZ, Inc as of and for the year ended December 31, 2012 and 2013 Year ending 12/31/13   Reven

Labour Variances From our basic data, we can calculate the labour variances as given as: i. Labour Rate Variance = (AH x AR) - (AH  x SR)

Ordering cost is incurred whenever the inventory is replenished. It includes costs associated with the processing and chasing of the purchase order transportation, inspec

what are the accounting entries for interlocking and integrated systems of cost accounting?

Following figures are taken from annual budget of ABC manufacturers for the year 2013: Fixed factory overhead Rs. 4,000,000 Factory overhead absorption rate Rs. 70 per direct labor

A family in Cambridge received their Christmas presents from friends in Paris this week – 50 days after their parcel was posted. French posties sent it to Cambodia, and the near-20

Candler Inc a computer software development firm has stock outstanding as follows: 40,000 shares of $2 nonparticipating, noncumulative preferred stock of $10 par, and 250,000 share