You recently were promoted to a new position and are very excited, but you have little to no experience with numerous aspects of the new position. according to the situational model, your level of development is

If you miss two payments on a credit card what is generally the penalty

%of the world's population controls approximately % of the world's finances (the sum of gross domestic products)" quizlket

Oerstman, inc. uses a standard costing system and develops its overhead rates from the current annual budget. the budget is based on an expected annual output of 120,000 units requiring 480,000 direct labor hours.(practical capacity is 500,000 hours)annual budgeted overhead costs total $772,800, of which $556,800 is fixed overhead. a total of 119,300 units, using 478,000 direct labor hours, were produced during the year. actual variable overhead costs for the year were $260,400 and actual fixed overhead costs were $555,450.required: 1. compute the fixed overhead spending variance and indicate if favorable or unfavorable.2. compute the fixed overhead volume variance and indicate if favorable or unfavorable.