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The Hawthorne studies contributed to the development of interpersonal relations through the discovery
Overhead Controllable Variance
The difference between the actual and budgeted overhead costs that management has control over, indicative of operational efficiency.
Overhead Volume Variance
The difference between the budgeted manufacturing overhead for the actual production volume and the actual manufacturing overhead incurred.
Two-Variance Analysis
An analytical technique in managerial accounting where variances between expected and actual performance are divided into a volume variance and a rate or efficiency variance.
Overhead Controllable
Expenses incurred in the running of a business that management can directly influence or control, such as supplies and advertising.
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