The amount reported for fixed overhead on the static budget is also reported:
A)as actual fixed costs
B)as allocated fixed overhead
C)on the flexible budget
D)Both B and C are correct.

Question

Quizplus · Accepted Answer

The amount reported for fixed overhead on the static budget is also reported on the flexible budget because fixed costs remain constant regardless of the level of activity.

The Amount Reported for Fixed Overhead on the Static Budget