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Which of the following is optically active?
Fixed Overhead Volume Variance
The difference between the budgeted and actual fixed overhead costs, attributed to variations in production volume.
Fixed Overhead Budget Variance
This variance measures the difference between the actual fixed overhead costs incurred and the budgeted fixed overhead costs. It helps identify discrepancies in planned versus actual spending.
Direct Labor-hours
A measure of the labor time directly involved in the production of goods, used as a base for allocating overhead in some costing systems.
Fixed Overhead
Expenses that remain constant for a certain level of production or period of time, such as rent, salaries, and insurance, not directly tied to the level of production.
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