An unfavourable fixed set-up overhead spending variance could be due to higher lease costs of new set-up equipment.

Name: An unfavourable fixed set-up overhead spending variance could be due to higher lease costs of new set-up equipment.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

An unfavourable fixed set-up overhead spending variance means that actual overhead costs were higher than the budgeted overhead costs. This could be caused by various factors, including higher lease costs of new set-up equipment.

An Unfavourable Fixed Set-Up Overhead Spending Variance Could Be Due