Define: Variable Overhead Total Variance

UK Accounting Glossary

Definition: Variable Overhead Total Variance


Quick Summary of 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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Full Definition of Variable Overhead Total Variance



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Variable Overhead Total Variance FAQ's



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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. November 12, 2019 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: November 12, 2019).
American Psychological Association (APA):
Variable Overhead Total Variance. PayrollHeaven.com. Retrieved November 12, 2019, from PayrollHeaven.com website: https://payrollheaven.com/define/variable-overhead-total-variance/

Definition Sources


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