The fixed overhead spending variance equals the difference between ________.
A)actual fixed overhead costs and budgeted fixed overhead costs at the actual level of operations
B)actual fixed overhead costs and budgeted variable overhead costs at the actual level of operations
C)actual fixed overhead costs and predicted variable overhead costs based on actual driver used
D)actual fixed overhead costs and predicted variable overhead costs based on standard costs

Question

Quizplus · Accepted Answer

The fixed overhead spending variance calculates the difference between the actual fixed overhead costs incurred and the budgeted fixed overhead costs at the actual level of operations. This variance indicates the efficiency of the fixed overhead cost management.

The Fixed Overhead Spending Variance Equals the Difference Between ________