The fixed overhead budget variance is measured by:
A) the difference between budgeted fixed overhead cost and actual fixed overhead cost.
B) the difference between actual fixed overhead cost and applied fixed overhead cost.
C) the difference between budgeted fixed overhead cost and applied fixed overhead cost.
D) the difference between budgeted fixed overhead cost and standard fixed overhead cost.

Question

Quizplus · Accepted Answer

The fixed overhead budget variance is calculated by comparing the budgeted fixed overhead cost to the actual fixed overhead cost to determine if there was any over or under-spending.

The Fixed Overhead Budget Variance Is Measured By