Complete Proforma of Factory Overhead Variance Analysis | Step to Step FOH Variance Calculation

Welcome to our comprehensive guide on factory overhead variance analysis! In this video, we provide a complete proforma for factory overhead variance analysis, offering a step-by-step explanation of the required items for variance calculation.
Join us as we unravel the complexities of factory overhead variance analysis, breaking down the process into easy-to-follow steps. We'll guide you through the simple proforma used to calculate FOH variances, ensuring clarity and understanding at every stage.
Throughout the video, we'll explore essential concepts such as variance calculation and variance analysis, empowering you to master the intricacies of factory overhead analysis. Whether you're new to variance analysis or looking to deepen your understanding, this video serves as your ultimate guide.
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Join us on this educational journey as we demystify factory overhead variance analysis and equip you with the tools and knowledge to navigate variance calculation with confidence. Don't miss out on mastering this essential aspect of cost analysis!
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[@muhammadwaleed9634]

What is Difference between Applied and Budgeted FOH

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اسلام و علیکم

[@AccountingforAll]

Applied FOH calculated on the base of Absorption Rate i.e Fixed FOH Rate + Variable FOH Rate
On the Other hand Budgeted FOH calculated on the base of Variable FOH Rate only and Fixed FOH are added in it.

[@AccountingforAll]

Main difference is the assumption that in Budgeted FOH Fixed FOH does not changed. But in Applied FOH Fixed FOH also changed according to the capacity attained.

[@rajamuhammadrehan6904]

simply explained

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Thanks

[@muhammadwaleed9634]

Assalam-o-Alaikum Sir

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وعلیکم السلام