Question: Actual machine hours Standard machine hours allowed Denominator activity (machine hours) Actual fixed overhead costs Budgeted fixed overhead costs Predetermined overhead rate ($2 variable +

 Actual machine hours Standard machine hours allowed Denominator activity (machine hours)

Actual machine hours Standard machine hours allowed Denominator activity (machine hours) Actual fixed overhead costs Budgeted fixed overhead costs Predetermined overhead rate ($2 variable + $5 fixed) 905 1,030 1,125 5,100 5,625 $ What is the fixed overhead spending (budget) variance? $625. O O $475. O $875. $525

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