Budget Variance Definition
Budget Variance Definition:
A measure of the difference between the actual fixed overhead costs incurred during the period and budgeted fixed overhead costs as contained in the flexible budget.
Other Related Accounting Articles:
- Flexible Budget Definition
- Flexible Budget Definition
- Sales Quantity Variance
- Importance of Variance Analysis
- Selling Price Variance
- Manufacturing Overhead Budget Definition
- What is Sales Volume Variance?
- Variable Spending Variance Definition
- Standard Costing
- Labor Rate Variance Definition
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