Fixed Overhead Variance

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Definitions
Overhead Expenditure Variance
Overhead Expenditure Variance Expenditure Variance Standard Costing Budgeted Overhead Actual Overhead Fixed Overhead Variance Variable Overhead Variance
Overhead Expenditure Variance in Accounting represents the difference between the budgeted overhead allowance and the actual overhead incurred. This variance helps adjust the budgeted profits for over- or under-spending.
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