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

  • budgeted capacity — Fin an organization’s available output level for a budget period according to the budget. It may be expressed in different ways, for example, in machine hours or standard hours …   The ultimate business dictionary

  • capacity ratios — Fin measures of performance in the use of capacity. EXAMPLE The more commonly used capacity levels are: full capacity output (expressed in standard hours) that could be achieved if sales orders, supplies, and workforce were available for all… …   The ultimate business dictionary

  • 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

  • capacity usage variance — Fin the difference in gain or loss in a given period compared to budgeted expectations, caused because the hours worked were longer or shorter than planned the type of fixed asset purchased, for example, whether it is machinery or buildings. This …   The ultimate business 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

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