fixed spending variance
fixed spending variance means it is a fixed overhead spending variance is the difference between the actual fixed overhead expense acquire and the budgeted fixed overhead expense. An unfavorable variance means that actual fixed overhead expenses are greater than anticipated.
Manufacturing Overhead Cost Standards: Learning Objective of the article: How manufacturing overhead standards are set? Procedures for establishing and using standard factory overhead rates are similar to the methods of dealing with the estimated direct and indirect factory overhead and its application to jobs