Examlex
What is the name of the large bundle of axons that connect the two halves of the brain?
Overhead Controllable Variance
The difference between the actual overhead costs incurred and the expected (standard) overhead costs that should have been incurred, given the level of output.
Actual Overhead Costs
The real expenses that a company incurs for running its operations, excluding direct labor and materials, instead involving costs like utilities and rent.
Budgeted Overhead
An estimate of the total indirect costs expected during a specific period for the efficient operation of a business.
Volume Overhead Variance
The difference between the budgeted and actual fixed manufacturing overhead costs, attributed to changes in production volume.
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