The formula for computing the overhead volume variance


The formula for computing the overhead volume variance is

A-variable overhead rate times (normal capacity hours less standard hours allowed).

B-fixed overhead rate times (normal capacity hours less standard hours allowed).

C-variable overhead rate times (actual hours less standard hours allowed).

D-fixed overhead rate times (actual hours less standard hours allowed).

Request for Solution File

Ask an Expert for Answer!!
Financial Accounting: The formula for computing the overhead volume variance
Reference No:- TGS01108858

Expected delivery within 24 Hours