Fixed Overhead Variances (part 1 of 3)

Part 1 of 3 To view parts 2 to 3 visit https://brainmass.com/videos/Variable_Overhead_Variances In this series, Academic Expert Carol Sargent introduces us to Variable Overhead Variances, the fourth section of her Budgeting Super-Series. Carol begins by explaining what variable overhead variance is, how it is a cost driver, and how the two types of VOH standards are the spending variance and the variable overhead efficiency variance. Word problems are presented, solved, and interpreted.