budgeted capacity


budgeted capacity
= normal capacity
The productive capacity available in an organization for a budget period as expressed in the budget for that period. It may be expressed in terms of direct labour hours, machine hours, or standard hours

Accounting dictionary. 2014.

Look at other dictionaries:

  • budgeted capacity — The productive capacity available in an organization for a budget period as expressed in the budget for that period. It may be expressed in terms of direct labour hours, machine hours, or standard hours …   Big dictionary of business and management

  • capacity — system capacity The highest sustainable output from an operating system in units per given time. A system s overall capacity is determined by the capacity of its narrowest part, i. e. the bottleneck. For example, if a car assembly line can… …   Big dictionary of business and management

  • capacity — The level of productive capacity that an organization can attain under particular circumstances. It may be expressed in terms of direct labour hours, machine hours, or standard hours. See also: budgeted capacity, idle capacity …   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

  • idle capacity — The part of the budgeted capacity within an organization that is unused. It is measured in hours using the same measure as production. Idle capacity can arise as a result of a number of causes in all of which the actual hours worked is less than… …   Accounting dictionary

  • idle capacity — The part of the budgeted capacity within an organization that is unused. It is measured in hours using the same measure as production. Idle capacity can arise as a result of a number of causes in all of which the actual hours worked is less than… …   Big dictionary of business and management

  • normal capacity — See: budgeted capacity …   Accounting dictionary

  • idle capacity ratio — The ratio, sometimes expressed as a percentage, of the production capacity idle during a specified period to the capacity as expressed in the budget. Capacity can be measured in machine hours or labour hours and idle capacity is measured in the… …   Accounting dictionary

  • Hillcrest Youth Correctional Facility — is a state run juvenile correctional facility located in Salem, Oregon, United States. Hillcrest is run by the Oregon Youth Authority (OYA), Oregon s juvenile corrections agency. Currently Hillcrest serves males ages 12–25 who are violent or in… …   Wikipedia

  • 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