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