The most effective means of presenting standard factory overhead cost variance data is through a factory overhead cost variance report.

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A factory overhead cost variance report is a detailed document that presents standard factory overhead cost variance data in a clear and concise format. It provides a comparison of the actual factory overhead costs incurred during a period with the budgeted or standard costs for that period, and highlights the reasons for any variations between the two. This report is a valuable tool for management in making informed decisions about cost control and efficiency improvements in the factory overhead area.

The Most Effective Means of Presenting Standard Factory Overhead Cost