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2. Fixed Overhead Expenditure

  • Total Budgeted Cost - Total Actual Cost
  • Total Budgeted Cost - Standard Cost

3. Fixed Overhead Volume

  • Actual Output x Overhead Absorption per unit - Budgeted Cost
  • Standard Output x Overhead Absorption per unit - Actual Cost

4. Variable Overhead Efficiency

  • Standard Quantity x Standard Rate - Actual Quantity x Standard Rate
  • Standard Rate x Actual Quantity - Actual Rate x Actual Quantity

5. Variable Overhead Expenditure

  • Standard Rate x Actual Quantity - Actual Rate x Actual Quantity
  • Standard Rate x Standard Quantity - Actual Rate x Standard Quantity

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