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Act. Hr x (Std. Rate - Act. Rate) actual hours times standart rate minus actual rate

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Bethel Pfeffer

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Q: What is variable manufacturing overhead variance?
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Related questions

What is the fixed manufacturing overhead budget variance equal to?

Fixed manufacturing overhead budget variance is?


What if budgeted manufacturing overhead is not equal to applied manufacturing overhead?

There is a variance.


What is the difference between variable overheads cost variance andfixed overheads cost variance?

Variable overhead cost variance is that variance which is in variable overheads costs between the standard cost and the actual variable cost WHILE fixed overheads cost variance is variance between standard fixed overhead cost and actual fixed overhead cost.


What is One potential cause of Total Manufacturing Overhead Variance?

If the estimated materials, labor or overhead costs allocated for a manufacturing order is different from the actual cost of the MO then the potential result is a Manufacturing Overhead Variance.


What is combined overhead variance?

Combined overhead variance = fixed overhead variance + variable overhead varianceFixed Overhead :which remains fixed and donot change upto certain level of productionVariable Overhead: which keep changing with the change in production units.


Is Manufacturing cost is overhead or variable?

Manufacturing cost is variable cost.


Manufacturing overhead - fixed or variable cost?

Compute the actual and budgeted manufacturing overhead rate


What is variable manufacturing overhead spending variance?

Act. Hr x (Std. Rate - Act. Rate) actual hours times standart rate minus actual rate


If the controllable overhead variance is favorable the overhead volume variance?

volume variance relates to Fixed cost absorption, where as controllable variances arise due difference in actual variable spending per activity measure.


Variable manufacturing overhead cost per direct labor hour?

Variable manufacturing overhead cost per direct labor hour means the variable overhead cost spent for one single labor hour and formula is as follows:Variable overhead cost per labor hour = total variable overhead cost / Total direct labor hours


When calculating total cost do you add in variable manufacturing overhead fixed manufacturing overhead or both?

Following is the formula for total costtotal cost = fixed overheads + variable overheads + direct labor + direct material


Direct materials plus direct labor plus variable overhead equals?

Total Manufacturing Cost