Which of the following is the total fixed overhead variance?
A)both AFOH − ApFOH and the sum of the spending and volume variances
B)AFOH - the sum of the spending and volume variances
C)ApFOH - the sum of the spending and efficiency variance
D)both AFOH − ApFOH and the sum of the spending and efficiency variances

Question

Quizplus · Accepted Answer

The total fixed overhead variance can be calculated as the difference between the actual fixed overhead (AFOH) and the applied fixed overhead (ApFOH), as well as the sum of the spending and volume variances. These components reflect the total deviation in fixed overhead costs from what was expected or budgeted.

Which of the Following Is the Total Fixed Overhead Variance