The Fixed Manufacturing Overhead Budget Variance Equals

question 159

Multiple Choice

The fixed manufacturing overhead budget variance equals:

• A) Actual fixed manufacturing overhead cost − Applied fixed manufacturing overhead cost.
• B) Actual fixed manufacturing overhead cost − Budgeted fixed manufacturing overhead cost.
• C) Budgeted fixed manufacturing overhead cost − Applied fixed manufacturing overhead cost.
• D) Actual fixed manufacturing overhead cost − (Actual hours × Standard fixed manufacturing overhead rate).