overhead variances

How Do You Calculate Factory Overhead Cost Variance?

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How Do You Calculate Factory Overhead Cost Variance? Divide the $5,000 variable overhead costs by 5,000 units to get the actual variable factory overhead cost of $1 per unit. Divide the $10,000 fixed costs by 5,000 units to get the actual $2 fixed factory overhead cost per unit. How do you calculate fixed overhead cost

How Do You Calculate Operating Profit Variance?

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How Do You Calculate Operating Profit Variance? To calculate gross profit variance, you would subtract your projected gross profit from your actual gross profit, which equals periodic sales minus costs of goods sold. For operating variance, subtract projected operating profit from actual operating profit, which equals revenue minus all COGS and operating expenses. What is