This is the last lecture on Variance Analysis
In the four Variance method following variances are calculated
Spending Variance
Idle Capacity Variance
Variable Efficiency Variance
Fixed Efficiency Variance.


This is the last lecture on Variance Analysis In the four Variance method following variances are calculated Spending Variance There are couple of approaches for Overhead Variances. In one approach, variances for FIXED and VARIABLE overheads are calculated separately. (click here for explanation and formula of this approach) Whereas in the second approach, which is the topic of this post, separate variances are not calculated. In this lecture you will find the formula for the Fixed and Variable Overhead Variances. for labour variances click here & for material variances click here Fixed Overhead Variances include: Fixed Overhead Expenditure Variance A Basic Question on Material and Labour Variances. Language: Urdu/Hindi Downloadable. (zip formate) Lenght: 13 minutes approximately. If you Find any difficulty in downloading it Click Here to contact us. Ask questions, or give feedback after watching it Thanks Download Link This is the First and very basic question on Variance Analysis Try this. Answer to this has been published Now. This is the second lecture on the Variance analysis. If you face any difficulty in viewing this, you can Contact Us. This is the first lecture on Variance analysis. If you face any difficulty in viewing this, you can comment below. There are two types of variances in case of labour. 1) Wage Rate Variance If the variance is occuring due to the difference in wage rates (Actual v.s Standard), then it shall be called wage rate variance. 2) Labour Efficiency Variance Efficiency relates to the labour hours. Let us suppose that we 

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