The fixed overhead volume variance is the difference between:
A) Actual fixed overhead and budgeted fixed overhead.
B) Actual fixed overhead and applied fixed overhead.
C) Applied fixed overhead and budgeted fixed overhead.
D) Actual fixed overhead and the standard fixed overhead rate times actual cost driver.

Question

Quizplus · Accepted Answer

The fixed overhead volume variance is the difference between the applied fixed overhead and budgeted fixed overhead. This variance measures the effect of changes in the volume of activity on fixed overhead costs.

The Fixed Overhead Volume Variance Is the Difference Between