The management of Pamela's Pet Supplies has calculated the following variances: Direct materials cost variance $ 11 comma 000 U Direct materials efficiency variance 40 comma 000 F Direct labor cost variance 15 comma 500 F Direct labor efficiency variance 13 comma 000 U Total variable overhead variance 7 comma 500 F Fixed overhead cost variance 4 comma 500 F When determining the total product cost flexible budget variance, what is the fixed overhead variance of the company?

a manufacturer of printed circuit boards uses exponential smoothing with trend to forecast monthly demand of its product. at the end of december, the company wishes to forecast sales for january. the estimate of trend through november has been 200 additional boards sold per month. average sales have been around 1000 units per month. the demand for december was 1100 units. the company uses α = 0.20 and β = 0.10. make a forecast including trend for the month of january.

answer; normative economics;