Company a and Company F Have Been in Direct Competition

question 223

Short Answer

Company A and Company F have been in direct competition for many years. Recently, an announcement was made of a merger between the two companies. This would be a
reverse merger.
joint venture.
vertical merger.
friendly takeover.
horizontal merger.

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Definitions:

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.

Material Quantity Variance

The difference between the actual quantity of material used in production and the standard quantity expected to be used.

Direct Materials Purchased

The raw materials bought by a company that are directly used in the production of its goods.

Actual Variable Manuf. Overhead

The real costs incurred from indirect, variable production expenses, assessed after the production process is completed.