Question: When fixed overhead spending variance is favorable, it can be safely assumed that flexible budget amount is lower than actual costs incurred fixed overhead allocated

When fixed overhead spending variance is favorable, it can be safely

When fixed overhead spending variance is favorable, it can be safely assumed that flexible budget amount is lower than actual costs incurred fixed overhead allocated for actual output is lower than actual costs incurred fixed overhead allocated for actual output is higher than actual costs incurred flexible budget amount is higher than actual costs incurred

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