If Actual Fixed Overhead Was $98,400 and There Was a $2,880

question 80

Multiple Choice

If actual fixed overhead was $98,400 and there was a $2,880 favorable spending variance and a $600 unfavorable volume variance, budgeted fixed overhead must have been

• A) $101,280.
• B) $100,680.
• C) $99,000.
• D) $97,800.
• E) $95,520.

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Definitions:

SWOT Analysis

A tool used in strategic planning that assesses the Strengths, Weaknesses, Opportunities, and Threats associated with a project or enterprise.

Strategic Planning

Involves outlining an organization's vision, goals, and tactics to achieve long-term success and competitive advantage.

Marketing Goals

Objectives that an organization seeks to achieve through its marketing strategies, such as increasing brand awareness or market share.

Quantitative Guidelines

Specific, measurable criteria used to guide actions or decisions, often involving numerical targets or benchmarks.