The budget (or spending)variance for fixed production costs is the difference between the actual fixed costs and the budgeted fixed costs on the master budget.

Name: The budget (or spending)variance for fixed production costs is the difference between the actual fixed costs and the budgeted fixed costs on the master budget.
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Question

Quizplus · Accepted Answer

The definition of the budget (or spending) variance for fixed production costs is correct. Therefore, the answer is A.

The Budget (Or Spending)variance for Fixed Production Costs Is the Difference