please explain the production volume variance and overhead variance with example
Help me please if u know the answer, i m confused
Thumar Shital (PCC Student) (241 Points)
08 October 2009Thumar Shital (PCC Student) (241 Points)
08 October 2009please explain the production volume variance and overhead variance with example
Narayanan.R
(Chartered Accountant)
(191 Points)
Replied 08 October 2009
Originally posted by :Thumar Shital | ||
" | please explain the production volume variance and overhead variance with example | " |
i Think your question is not proper.
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.