CH. 11 Flashcards
1
Q
AVOR =
A
Actual Variable OverHead Cost / Actual Direct Labour Hours
2
Q
SVOR =
A
Standard Variable OverHead Cost / Standard Direct Labour Hours
3
Q
OH variance =
A
Actual OH – Applied OH
4
Q
Variable overhead spending variance =
A
(AVOR – SVOR) x AH
5
Q
Variable overhead efficiency variance =
A
(AH – SH) x SVOR
6
Q
Fixed overhead spending variance =
A
actual FOH – budgeted FOH
7
Q
Fixed overhead volume variance =
A
budgeted FOH – applied FOH
8
Q
Actual variable overhead =
A
AH x AVOR
9
Q
Applied variable overhead =
A
SH x SVOR
10
Q
Total variable overhead variance =
A
(AH x AVOR) − (SH x SVOR)
(Actual OH - Applied OH)
11
Q
SFOR =
A
Budgeted fixed overhead costs x Practical capacity
12
Q
SH =
A
Actual units x Standard hours allowed per unit
