Variable Spending Variance Definition
Variable Spending Variance Definition:
The difference between the actual variable overhead cost incurred during a period and the standard cost that should have been incurred based on the actual activity of the period.
Other Related Accounting Articles:
- Variable Overhead Efficiency Variance Definition
- Standard Costing
- Volume Variance Definition
- Direct Material Price Variance
- Materials Quantity Variance Definition
- Budget Variance Definition
- Direct Labor Efficiency Variance
- Labor Rate Variance Definition
- Sales Quantity Variance
- Labor Efficiency Variance Definition
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