Define: Variable Overhead Expenditure Variance

UK Accounting Glossary

Definition: Variable Overhead Expenditure Variance


Quick Summary of Variable Overhead Expenditure Variance




What is the dictionary definition of Variable Overhead Expenditure Variance?

Dictionary Definition


In a system of standard costing, the Variable Overhead Expenditure Variance is the difference arising between the standard variable overhead absorbed for the actual units produced and the actual variable overhead expenditure incurred.


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Variable Overhead Expenditure Variance. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. July 16, 2019 https://payrollheaven.com/define/variable-overhead-expenditure-variance/.
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Variable Overhead Expenditure Variance. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/variable-overhead-expenditure-variance/ (accessed: July 16, 2019).
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Variable Overhead Expenditure Variance. PayrollHeaven.com. Retrieved July 16, 2019, from PayrollHeaven.com website: https://payrollheaven.com/define/variable-overhead-expenditure-variance/

Definition Sources


Definitions for Variable Overhead Expenditure Variance are sourced/syndicated from:

  • Oxford Dictionary Of Economics
  • BusinessDictionary.com
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 5th May 2019.