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 fixed overhead costs Budgeted fixed overhead costs Predetermined overhead rate ($2 variable + $5 fixed) 875 950 1,040 $ 4,400 $ 5,200 $ 7 What is the fixed overhead spending (budget) varlance? $800. 0 $450. O $525. O 5375

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