The fixed overhead efficiency variance is of little significance and is always considered to be...
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Accounting
The fixed overhead efficiency variance is of little significance and is always considered to be zero . This is because the fixed overhead variance analysis is determined based on hours and not in units. Fixed overhead is not logically related to hours (i.e., efficiency) but rather is more appropriately related to units (i.e., volume). In applied costing, however, fixed efficiency variance is determined
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