Chester Amalgamated recently prepared a manufacturing cost budget for an output of 58,000 units, as follows: Direct materials $ 116,000 Direct labor 58,000 Variable overhead 87,000 Fixed overhead 116,000 Actual units produced amounted to 68,000. Actual costs incurred were: direct materials, $117,000; direct labor, $68,000; variable overhead, $116,000; and fixed overhead, $107,000. If Chester evaluated performance by the use of a flexible budget, a performance report would reveal a total fixed variance of: (Round intermediate calculations to 2 decimal places and final answer to the nearest dollar amount.) rev; 05_11_2012

1. list five staple convenience goods that you or your household buys on a regular basis. (you do not need to use complete sentences. 2.5 points) 2. list three impulse convenience goods that you or someone you know has purchased. (you do not need to use complete sentences. 2.5 points) 3. describe a shopping good that you or someone you know purchased. what kind of research did you or that person do before buying the product? (1-5 sentences. 3.0 points) 4. choose an example of a company you could start, and decide which business structure would make the most sense for that type of company (sole proprietorship, partnership, llc, c corporation, s corporation, or nonprofit corporation). explain why this structure would be good for this type of company. give at least 3 reasons. (3-6 sentences. 6.0 points) 5. if you were starting a new business, describe at least three departments to the company that you would need right away. why are these departments so important? (1-5 sentences. 3.0 points) 6. describe a product that you think has saturated its market. what makes you think it has saturated its market? (1-5 sentences. 3.0 points)