Budget Variance
What is it? Difference between the actual fixed overhead costs and the budgeted fixed overhead costs incurred during the period.Budget variance = Actual Fixed Overhad Cost - Budgeted Fixed Overhead Cost
Added By: Tyler
The Budget Variance definition has been viewed 129 Time(s)!
Send To Friends!
If you'd like to send the Budget Variance definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -We hope you now understand the meaning of Budget Variance. If you need any more information on this term, please don't hesitate to contact us.