The amount reported for fixed overhead on the static budget is also reported:
A)on the flexible budget.
B)as actual fixed costs.
C)as allocated fixed overhead.
D)Both B and C are correct.

Question

Quizplus · Accepted Answer

The amount reported for fixed overhead on the static budget is also reported on the flexible budget because fixed costs do not change with the level of activity.

The Amount Reported for Fixed Overhead on the Static Budget