The difference between fixed overhead budgeted and overhead applied is the
A)budget variance.
B)spending variance.
C)total overhead variance.
D)volume variance.

Question

Quizplus · Accepted Answer

The difference between fixed overhead budgeted and overhead applied is known as the volume variance. This variance occurs because the actual production volume differs from the expected (budgeted) production volume, affecting how fixed overheads are allocated per unit.

The Difference Between Fixed Overhead Budgeted and Overhead Applied Is