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
Reserves and surplus or retained earnings usually occur out of profitable operations. This is a surplus not distributed through the firm as dividends. Conversely, these are profits

Prepare the Material Cost Budget of products of a Company For a company along with many products, a periodic budget would be developed given as: Assume a firm has 3 products X

Relationship among variances We cannot over emphasize the central aim of variance analysis as outlined in the above paragraphs:  that is to assign responsibility for a particu

Ask What is the major value of the weighted cost of capital calculation for the firm? question #Minimum 100 words accepted#

Vorticella can first be seen by the naked eye, b.ut to study it place a prepared slide under the microscope. Focus it under low power, and observe it. You can see a large number of

Master Designs Company has cash flows for operating activities of $350,000. Cash flows used for investments in property, plant, and equipment totaled $65,000, of which 70% of this

Determine Equivalent Units of the Product Let assume there are 4,000 units of a product in ending inventory out of that 60 percent are fully complete whereas the remaining are

The owner of the Hughes Car Wash believes that the relationship between the number of cars washed and the amount of labor employed is Q = 0.8 + 4.5 L - 0.3 L2 where Q = the num

fixed expenses are incurred equally in the two half year periods,calculate