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
Fixed Costs Are costs such do not change along with of the level of output? It is also named as autonomous cost, as it stays the similar irrespective of the activity level as

At the end of Ehlinger Department Store's fiscal year on December 31, 2012, these accounts appeared in its adjusted trial balance: Freight-In $ 7,200

1. Suppose your company needs to raise $30 million and you want to issue 30-year bonds for this purpose. Assume the required return on your bond issue will be 8 percent, and you're

Process Cost Report This is a commonly employed statement that traces the flow of units produced and costs incurred in the production process. The report is prepared for every

Purchase of office supplies.


CMM is an internationally recognized standard for calculating the maturity of an organization's software development processes and has become the primary benchmark multinational co

Calculate the skewness and kurtosis statistics for your assignment portfolio. How do these reconcile with the assumptions behind Modern Portfolio Theory? Demonstrate analyticall


A CPA firm estimates that an audit will require the following work: Type of Auditor Expected Hours Cost per Hour Standard Costs Manager 10 $50 $ 500 Senior 20 40 800 Staff 40 30