idle capacity variance — See: fixed overhead capacity variance … Accounting dictionary
fixed overhead capacity variance — capacity usage variance; = idle capacity variance In a system of standard costing, the difference arising between the actual hours worked and the budgeted capacity available, valued at the standard fixed overhead absorption rate per hour. It can… … Accounting dictionary
Production Volume Variance — The amount of fixed overhead costs that are not allocated to a product because actual production varies from budgeted production. Also known as fixed overhead volume variance. Mathematically, production volume variance is expressed as: (Actual… … Investment dictionary
Cost of goods sold — Accountancy Key concepts Accountant · Accounting period · Bookkeeping · Cash and accrual basis · Cash flow management · Chart of accounts … Wikipedia
Management accounting — Accountancy Key concepts Accountant · Accounting period · Bookkeeping · Cash and accrual basis · Cash flow management · Chart of accounts … Wikipedia
Cost accounting — Accountancy Key concepts Accountant · Accounting period · Bookkeeping · Cash and accrual basis · Cash flow management · Chart of accounts … Wikipedia
Germany — /jerr meuh nee/, n. a republic in central Europe: after World War II divided into four zones, British, French, U.S., and Soviet, and in 1949 into East Germany and West Germany; East and West Germany were reunited in 1990. 84,068,216; 137,852 sq.… … Universalium
Database — A database is an organized collection of data for one or more purposes, usually in digital form. The data are typically organized to model relevant aspects of reality (for example, the availability of rooms in hotels), in a way that supports… … Wikipedia
Glossary of philosophical isms — This is a list of topics relating to philosophy that end in ism . compactTOC NOTOC A * Absolutism – the position that in a particular domain of thought, all statements in that domain are either absolutely true or absolutely false: none is true… … Wikipedia
First English Civil War — The First English Civil War (1642–1646) was the first of three wars known as the English Civil War (or Wars ). The English Civil War was a series of armed conflicts and political machinations which took place between Parliamentarians and… … Wikipedia
Discrete event simulation — In discrete event simulation, the operation of a system is represented as a chronological sequence of events. Each event occurs at an instant in time and marks a change of state in the system [1]. For example, if an elevator is simulated, an… … Wikipedia
