An unexpected increase in property taxes on the plant could cause a fixed-overhead budget variance.

Name: An unexpected increase in property taxes on the plant could cause a fixed-overhead budget variance.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Fixed overhead budget variance occurs when there is a difference between the budgeted fixed overhead costs and the actual fixed overhead costs incurred. An unexpected increase in property taxes on the plant would increase the actual fixed overhead costs, leading to a variance.

An Unexpected Increase in Property Taxes on the Plant Could