Explain why overhead variances are generally treated as period costs.

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Cost Accounting

ISBN: 9780070221628

4th Edition

Authors: Jawahar Lal, Seema Srivastava

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Question Posted: Sep 07, 2023 12:52 PM

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Explain why overhead variances are generally treated as period costs.

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Overhead variances are generally treated as period costs for several reasons primarily related to the principles of cost accounting and financial reporting Lets explore these reasons in more detail Ma...View the full answer

Cost Accounting

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