The flexible budget variance for fixed overhead is known as the
A)static budget variance.
B)fixed overhead efficiency variance.
C)the fixed overhead volume variance.
D)the fixed overhead spending variance.

Question

Quizplus · Accepted Answer

The fixed overhead spending variance measures the difference between the actual fixed overhead costs incurred and the budgeted fixed overhead costs, reflecting how well the company controlled its fixed overhead expenses.

The Flexible Budget Variance for Fixed Overhead Is Known as the