Which of the following is used to calculate the fixed overhead spending variance?
A) (Budgeted Fixed Overhead - Standard Fixed Overhead Rate) × Actual Hours
B) (Actual Fixed Overhead - Standard Fixed Overhead) × Actual Hours
C) Budgeted Fixed Overhead - Variable Overhead
D) Actual Fixed Overhead - Budgeted Fixed Overhead
E) None of these

Question

Quizplus · Accepted Answer

The fixed overhead spending variance is calculated by subtracting the budgeted fixed overhead from the actual fixed overhead. This variance shows the difference between what was expected to be spent on fixed overhead and what was actually spent.

Which of the Following Is Used to Calculate the Fixed