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formulas of planning and operational fixed overhead variance

This topic has 1 reply, 2 voices, and was last updated 7 years ago by John Moffat.

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October 11, 2017 at 2:23 pm #410362
sattar786
Member
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Hi,
I Wanted to know if there is any planning and operational variance formula for fixed overhead varaiane i.e the fixed overhead expenditure & fixed overhead volume variance (fixed overhead efficiency and fixed overhead capacity variance).
October 11, 2017 at 5:10 pm #410400
John Moffat
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- Topics: 57
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No – the exam does not ask planning and operational variances for fixed overheads. (and you should not just learn formulae anyway – the exam deliberately tests that you understand what it happening)
What is covered in the my free lectures is what is needed for the exam.
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