Help me please if u know the answer, i m confused

Cost Accounts 725 views 1 replies

Thumar Shital

PCC Student

241 Points Joined October 2009

please explain the production volume variance and overhead variance with example

Replies (1)

Overhead variance - For an instance- a manufacturing overhead costs like rent,maintnance etc is Rs. 100000 as per their budget. But the actual exp is Less than or more than 1 Lakh. Such variance is called as OH variance. We can also bifercate into Expenditure, Capcity,calender etc.