Variable Overhead Total Variance

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Definition: Variable Overhead Total Variance

Variable Overhead Total Variance
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What is the dictionary definition of Variable Overhead Total Variance?

Dictionary Definition

In a system of standard costing, the Variable Overhead Total Variance is the total 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-total-variance/
Modern Language Association (MLA):
Variable Overhead Total Variance. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
May 18, 2024 https://payrollheaven.com/define/variable-overhead-total-variance/.
Chicago Manual of Style (CMS):
Variable Overhead Total Variance. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/variable-overhead-total-variance/ (accessed: May 18, 2024).
American Psychological Association (APA):
Variable Overhead Total Variance. PayrollHeaven.com. Retrieved May 18, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/variable-overhead-total-variance/

Definition Sources

Definitions for Variable Overhead Total Variance are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 10th August, 2019 | 0 Views.