Fixed Manufacturing Overhead Was Budgeted at $250,000,and 25,000 Direct Labour

question 123

Multiple Choice

Fixed manufacturing overhead was budgeted at $250,000,and 25,000 direct labour hours were budgeted.Suppose the fixed overhead volume variance was $10,000 favourable and the fixed overhead spending variance was $6,000 unfavourable.What would be the fixed manufacturing overhead applied?

• A)$194,000
• B)$202,000
• C)$206,000
• D)$260,000

Describe the various categories of social media networks utilized by businesses and professionals.

Identify and explain problems associated with the use of emoticons and emojis in business communication.

Apply appropriate guidelines to leverage social networks for personal branding and company communication.

Explain how companies and business professionals can utilize information and media sharing websites.

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Definitions:

Skimming Pricing Policy

A pricing strategy in which a company sets relatively high prices at the launch of a new product to maximize profit margins from customers willing to pay the premium price.

Price-sensitive

Refers to how demand for a product is influenced by changes in its price; price-sensitive consumers are likely to change their purchasing behaviors significantly in response to price changes.

High Initial Price

A pricing strategy where a product is introduced to the market at a high price point to maximize revenue from less price-sensitive customers before possibly lowering the price.

Skimming Pricing

A pricing strategy involving setting high prices initially to target consumers who are willing to pay more for new or unique products.