Tag: actual

Sales Mix

What is a 'Sales Mix' Sales mix is a calculation that determines the proportion of each product a business sells, relative to...

Sales Mix Variance

What is the 'Sales Mix Variance' Sales mix variance is the difference between a company’s budgeted sales mix and the actual sales...

Sales Price Variance

What is 'Sales Price Variance' The difference between the amount of money a business expects to sell its products or services for...

Calendar Effect

DefinitionA calendar effect is any market anomaly or economic effect which appears to be related to the calendar. Such effects include the apparently different...

Calendar Year

DefinitionGenerally speaking, a calendar year begins on the New Year's Day of the given calendar system and ends on the day before the following...
Variable Overhead Efficiency Variance

Variable Overhead Efficiency Variance

How Does Variable Overhead Efficiency Variance Affect Your Overhead Rate? There are two forms of overhead rate variation: Fixed overhead rate variance and Variable Overhead...

Variance

What is 'Variance' Variance is a measurement of the spread between numbers in a data set. The variance measures how far each...
Variable Overhead Spending Variance

Variable Overhead Spending Variance

What is a Variable Overhead Spending Variance A variable overhead spending variance is the difference between the actual amount of variable overhead incurred and the...

Variable Overhead

What is a 'Variable Overhead' Variable overhead is the indirect cost of operating a business, which fluctuates with manufacturing activity. For example,...

Watered Stock

DefinitionWatered stock is an asset with an artificially-inflated value. The term is most commonly used to refer to a form of securities fraud common...

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