Production-volume variance

From CNM Wiki
Revision as of 12:49, 11 July 2020 by EshwaN (talk | contribs) (Created page with "Production-volume variance is the difference between budgeted fixed overhead and fixed overhead allocated on the basis of actual output produced. Also called denominatorle...")
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to: navigation, search

Production-volume variance is the difference between budgeted fixed overhead and fixed overhead allocated on the basis of actual output produced. Also called denominatorlevel variance.

Definitions

According to Cost Accounting by Horngren, Datar, Rajan (14th edition),

Production-volume variance. The difference between budgeted fixed overhead and fixed overhead allocated on the basis of actual output produced. Also called denominatorlevel variance.