[Solved] The formula for calculating the fixed overhead volume variance is:

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Q.	The formula for calculating the fixed overhead volume variance is:
A.	Budgeted fixed expenditure less (actual hours x actual production x fixed overhead absorption rate)
B.	Budgeted fixed expenditure less (actual hours x fixed overhead absorption rate)
C.	Actual fixed overhead less (standard hours x actual production x fixed overhead absorption rate)
D.	Budgeted fixed expenditure less (standard hours x actual production x fixed overhead expenditure variance)
Answer» D. Budgeted fixed expenditure less (standard hours x actual production x fixed overhead expenditure variance)

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