Over Recovery / Under Recovery for Significant Activities
Hennie Stander, Accountant, South Africa, Member
I would suggest that you look at the variance on each activity and identify the ones that are significant to your business as some might need further analysis.
By looking at a single variance for the company could give you a scewed figure as positives and negatives could cancel each other out and hide areas that might need attention.
Further you could look at the total figure per department if this is applicable to your company.