{"id":537,"date":"2018-04-18T15:38:30","date_gmt":"2018-04-18T15:38:30","guid":{"rendered":"https:\/\/courses.lumenlearning.com\/wm-accountingformanagers\/?post_type=chapter&#038;p=537"},"modified":"2024-04-29T17:22:49","modified_gmt":"2024-04-29T17:22:49","slug":"introduction-to-variable-manufacturing-overhead-variances","status":"publish","type":"chapter","link":"https:\/\/courses.lumenlearning.com\/wm-accountingformanagers\/chapter\/introduction-to-variable-manufacturing-overhead-variances\/","title":{"raw":"Introduction to Variable Manufacturing Overhead Variances","rendered":"Introduction to Variable Manufacturing Overhead Variances"},"content":{"raw":"<h2>What you'll learn to do:\u00a0Discuss the variable manufacturing overhead variances<\/h2>\r\nRemember back when we figured out our manufacturing overhead budget? It seems like a really long time ago, but here we are, back looking at that information again. Just a reminder of how important the budgeting process is. We have used those pesky budgets during every step of the variance calculation process.\r\n\r\nSo guess what? One more standard cost variance analysis for variable manufacturing overhead.\r\n\r\n<a href=\"https:\/\/youtu.be\/28L2xUAcFmc\">Take a look at this video for a review of flexible budgeting, and calculating variances.<\/a>","rendered":"<h2>What you&#8217;ll learn to do:\u00a0Discuss the variable manufacturing overhead variances<\/h2>\n<p>Remember back when we figured out our manufacturing overhead budget? It seems like a really long time ago, but here we are, back looking at that information again. Just a reminder of how important the budgeting process is. We have used those pesky budgets during every step of the variance calculation process.<\/p>\n<p>So guess what? One more standard cost variance analysis for variable manufacturing overhead.<\/p>\n<p><a href=\"https:\/\/youtu.be\/28L2xUAcFmc\">Take a look at this video for a review of flexible budgeting, and calculating variances.<\/a><\/p>\n\n\t\t\t <section class=\"citations-section\" role=\"contentinfo\">\n\t\t\t <h3>Candela Citations<\/h3>\n\t\t\t\t\t <div>\n\t\t\t\t\t\t <div id=\"citation-list-537\">\n\t\t\t\t\t\t\t <div class=\"licensing\"><div class=\"license-attribution-dropdown-subheading\">CC licensed content, Original<\/div><ul class=\"citation-list\"><li>Introduction to Variable Manufacturing Overhead Variances. <strong>Authored by<\/strong>: Freedom Learning Group. <strong>Provided by<\/strong>: Lumen Learning. <strong>License<\/strong>: <em><a target=\"_blank\" rel=\"license\" href=\"https:\/\/creativecommons.org\/licenses\/by\/4.0\/\">CC BY: Attribution<\/a><\/em><\/li><\/ul><\/div>\n\t\t\t\t\t\t <\/div>\n\t\t\t\t\t <\/div>\n\t\t\t <\/section>","protected":false},"author":62559,"menu_order":15,"template":"","meta":{"_candela_citation":"[{\"type\":\"original\",\"description\":\"Introduction to Variable Manufacturing Overhead Variances\",\"author\":\"Freedom Learning Group\",\"organization\":\"Lumen Learning\",\"url\":\"\",\"project\":\"\",\"license\":\"cc-by\",\"license_terms\":\"\"}]","CANDELA_OUTCOMES_GUID":"868450ab-4cd0-4473-a6af-6594e730389b","pb_show_title":"on","pb_short_title":"","pb_subtitle":"","pb_authors":[],"pb_section_license":""},"chapter-type":[],"contributor":[],"license":[],"class_list":["post-537","chapter","type-chapter","status-publish","hentry"],"part":109,"_links":{"self":[{"href":"https:\/\/courses.lumenlearning.com\/wm-accountingformanagers\/wp-json\/pressbooks\/v2\/chapters\/537","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/courses.lumenlearning.com\/wm-accountingformanagers\/wp-json\/pressbooks\/v2\/chapters"}],"about":[{"href":"https:\/\/courses.lumenlearning.com\/wm-accountingformanagers\/wp-json\/wp\/v2\/types\/chapter"}],"author":[{"embeddable":true,"href":"https:\/\/courses.lumenlearning.com\/wm-accountingformanagers\/wp-json\/wp\/v2\/users\/62559"}],"version-history":[{"count":8,"href":"https:\/\/courses.lumenlearning.com\/wm-accountingformanagers\/wp-json\/pressbooks\/v2\/chapters\/537\/revisions"}],"predecessor-version":[{"id":4131,"href":"https:\/\/courses.lumenlearning.com\/wm-accountingformanagers\/wp-json\/pressbooks\/v2\/chapters\/537\/revisions\/4131"}],"part":[{"href":"https:\/\/courses.lumenlearning.com\/wm-accountingformanagers\/wp-json\/pressbooks\/v2\/parts\/109"}],"metadata":[{"href":"https:\/\/courses.lumenlearning.com\/wm-accountingformanagers\/wp-json\/pressbooks\/v2\/chapters\/537\/metadata\/"}],"wp:attachment":[{"href":"https:\/\/courses.lumenlearning.com\/wm-accountingformanagers\/wp-json\/wp\/v2\/media?parent=537"}],"wp:term":[{"taxonomy":"chapter-type","embeddable":true,"href":"https:\/\/courses.lumenlearning.com\/wm-accountingformanagers\/wp-json\/pressbooks\/v2\/chapter-type?post=537"},{"taxonomy":"contributor","embeddable":true,"href":"https:\/\/courses.lumenlearning.com\/wm-accountingformanagers\/wp-json\/wp\/v2\/contributor?post=537"},{"taxonomy":"license","embeddable":true,"href":"https:\/\/courses.lumenlearning.com\/wm-accountingformanagers\/wp-json\/wp\/v2\/license?post=537"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}