Acompany wanted to estimate the market growth potential for a beverage in countryx, for which it had inadequate sales figures, but the company had excellent beverage data for neighboring country y. in country y, per capita consumption is known to increase at a predictable ratio as per capita gross domestic product (gdp) increases. if per capita gdp is known for country x, per capita consumption for the beverage can be estimated using the relationships established in country y. this is an example of which of the following methods of forecasting? a. probabilistic forecastingb. reference class forecastingc. expert opiniond. analogye. linear regression

Doogan corporation makes a product with the following standard costs: standard quantity or hours standard price or rate direct materials 2.0 grams $ 7.00 per gram direct labor 1.6 hours $ 12.00 per hour variable overhead 1.6 hours $ 6.00 per hour the company produced 5,000 units in january using 10,340 grams of direct material and 2,320 direct labor-hours. during the month, the company purchased 10,910 grams of the direct material at $7.30 per gram. the actual direct labor rate was $12.85 per hour and the actual variable overhead rate was $5.80 per hour. the company applies variable overhead on the basis of direct labor-hours. the direct materials purchases variance is computed when the materials are purchased. the materials quantity variance for january is: