At the end of the fiscal year, the fixed overhead spending variance is always prorated among work-in-process control, finished goods control, and cost of goods sold on the basis of the fixed overhead allocated to these accounts.

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At the end of the fiscal year, the fixed overhead spending variance is written off to cost of goods sold if it is immaterial in amount; otherwise it is prorated among work-in-process control, finished goods control, and cost of goods sold on the basis of the fixed overhead allocated to these accounts.

At the End of the Fiscal Year, the Fixed Overhead