Question: The fixed manufacturing overhead budget variance is: -the difference between fixed overhead at the planned level of activity and the flexible budget for actual activity.

The fixed manufacturing overhead budget variance is:

-the difference between fixed overhead at the planned level of activity and the flexible budget for actual activity.

-the difference between budgeted fixed manufacturing overhead cost and applied fixed manufacturing overhead cost.

-the difference between actual fixed manufacturing overhead cost and applied fixed manufacturing overhead cost.

-the difference between budgeted fixed manufacturing overhead cost and actual fixed manufacturing overhead cost.

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