Answer:
A. $60,000 U
Explanation:
Given that
Budgeted fixed cost = 540,000
Actual fixed cost = 600,000
Recall that,
fixed overhead flexible-budget variance = Actual amount - standard (budgeted) amount
Thus,
Variance = 600,000 - 540,000
= $60,000 Unfavorable
It is unfavorable because the actual cost is higher than the budgeted cost. When actual cost is less than budgeted cost, it is favorable.
Answer:
Stocks can have negative growth rates.
Explanation:
The growth rate of stocks can be negative zero and positive. Hence, it is not necessary that the growth rate should be constant. Hence, the correct option in the following statement is "<u>Stocks can have negative growth rates"</u>