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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https://payrollheaven.com/define/variable-overhead-expenditure-variance/
Modern Language Association (MLA):
Variable Overhead Expenditure Variance. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. September 17, 2019 https://payrollheaven.com/define/variable-overhead-expenditure-variance/.
Chicago Manual of Style (CMS):
Variable Overhead Expenditure Variance. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/variable-overhead-expenditure-variance/ (accessed: September 17, 2019).
American Psychological Association (APA):
Variable Overhead Expenditure Variance. PayrollHeaven.com. Retrieved September 17, 2019, from PayrollHeaven.com website: https://payrollheaven.com/define/variable-overhead-expenditure-variance/

Definition Sources


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