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Accounting, Payroll & Pension Issues/Overhead Variance
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Question
What is overhead Variance?
Any variance is the difference between the budgeted aand actual amounts. Given the way you are looking at it, actual v. budgeted, often a negative number means your under budget, which is good and the bad would be the opposite.
Overhead variance applies to the overhead expenses, you'd have others for materials, labor, sales, et al.
Good luck
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Accounting, Payroll & Pension Issues
Answers by Expert:
Ed McFarland
Expertise
Over 20 years of experience as a CFO, Controller and now Consultant to small businesses. Dealt with 401k, 403b, deferred comp plans, key man issues, disablity, business continuation plans, HSA plans and other benefit issues.
Experience
Management experience in Financial Services, Manufacturing, Media, Logistics. Taught graduate and undergraduate business courses.
Education/Credentials
MBA
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