Facilities that focus on manufacturing and production track two kinds of costs: fixed costs and variable costs. The variable costs are those that change when production levels change: raw materials, ...

Thomas J Catalano is a CFP and Registered Investment Adviser with the state of South Carolina, where he launched his own financial advisory firm in 2018. Thomas' experience gives him expertise in a ...

What is Fixed Production Overhead Volume Efficiency Variance? Represents the difference between the sum that a company has budgeted for its fixed overhead costs and the actual cost, depending on ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

Many finance teams treat variance analysis as a box-checking exercise: Set a threshold, flag the swing, move on. That’s why so many controllers spend days chasing noise while risks slip through. It’s ...

Companies regularly analyze sales variances to explain revenue performance over a monthly, quarterly or yearly accounting cycle. The resulting sales variance explanations help firms isolate problems ...