Which of the following is characteristic of the fixed overhead spending variance?
A)It is usually significant.
B)It is made up of a single item.
C)It is the difference between actual costs and budgeted costs.
D)It is investigated only if the variance is immaterial.

Question

Quizplus · Accepted Answer

The fixed overhead spending variance is the difference between the actual fixed overhead costs incurred and the budgeted (or standard) fixed overhead costs.

Which of the Following Is Characteristic of the Fixed Overhead