The fixed overhead spending variance is the difference between actual fixed overhead cost and budgeted fixed overhead cost.

Name: The fixed overhead spending variance is the difference between actual fixed overhead cost and budgeted fixed overhead cost.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The fixed overhead spending variance is calculated by subtracting the actual fixed overhead cost from the budgeted fixed overhead cost. Therefore, the statement is true.

The Fixed Overhead Spending Variance Is the Difference Between Actual