Question: The fixed overhead budget variance _ _ _ _ _ _ _ _ . Answer is the difference between the budgeted fixed overhead and the

The fixed overhead budget variance ________.
Answer
is the difference between the budgeted fixed overhead and the standard fixed overhead cost allocated to production
measures the difference between the actual fixed overhead costs incurred and the budgeted fixed overhead costs
is the standard hours allowed multiplied by the standard rate
is the difference between actualfixed overhead and standard fixed overhead cost allocated to production

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