Variable Overhead Calculator calculator can be used to calculate variable manufacturing overhead costs based on activity levels, helping businesses determine their cost of production accurately.
Learn how to use the Variable Overhead Calculator calculator and its working principles
Variable overhead costs are manufacturing costs that vary directly with the level of production activity. These costs increase as production increases and decrease as production decreases. Examples include indirect materials, indirect labor, and utility costs that vary with production volume.
Suppose a company produces 1,000 units, with a variable overhead rate of $5 per unit and fixed overhead costs of $10,000.
This calculator can help businesses: