Expenditure Variance

2 Posts
1 Sections
1 Types

Definitions

Expenditure Variance Budgeting Cost Control Financial Analysis Variance Analysis Budget Variance

Expenditure variance measures the difference between actual spending and budgeted spending. This metric can help businesses understand financial discrepancies, control costs, and improve budgeting processes.

Read more about Expenditure Variance.

Definitions

Overhead Expenditure Variance

Overhead Expenditure Variance Expenditure Variance Standard Costing Budgeted Overhead Actual Overhead Fixed Overhead Variance Variable Overhead Variance

Overhead Expenditure Variance in Accounting represents the difference between the budgeted overhead allowance and the actual overhead incurred. This variance helps adjust the budgeted profits for over- or under-spending.