Business, Legal & Accounting Glossary
Variable production overheads are those manufacturing costs that vary in relation to changes in the output of production.
The Variable Production Overhead refers to elements of an organisation’s indirect manufacturing costs that vary in total in proportion to changes in the level of production or sales.
Examples include Factory Power & Depreciation of Machinery (using the production-unit method).
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This glossary post was last updated: 21st November, 2021 | 0 Views.