The fixed overhead budget variance is measured by:

A) the difference between actual fixed overhead cost and applied fixed overhead cost.
B) the difference between budgeted fixed overhead cost and applied fixed overhead cost.
C) the difference between budgeted fixed overhead cost and standard fixed overhead cost.
D) the difference between budgeted fixed overhead cost and actual fixed overhead cost.

Fixed Overhead Budget Variance

The difference between the actual fixed overhead costs incurred and the budgeted fixed overhead costs.

Applied Fixed Overhead Cost

The portion of fixed overhead costs that is allocated to the production process during a specific period.

Budgeted Fixed Overhead Cost

Budgeted fixed overhead cost is the projected amount of fixed costs that are expected to be incurred during a specific period, used for budgeting purposes.