What is variable overhead variance? What You Should Take Away. In the context of variable overhead spending variability, the difference between what the variable production overheads actually cost and ...

The difference between actual variable overhead rates and predetermined variable overhead rates is known as overhead variance. The variance occurs when energy rates change, prices for business ...

The standard variable factory overhead cost is the $4,000 budgeted cost divided by 4,000 projected units, or $1 per unit. Advertisement Article continues below this ad ...

By subtracting the budgeted costs from the actual costs, the fixed overhead budget variance – also known as the fixed overhead expenditure variance – is calculated. As an example, assume that your ...