The management of Delta Pet Supplies has calculated the following variances: Direct materials cost variance $8,000 U Direct materials efficiency variance 36,000 F Direct labor cost variance 15,500 F Direct labor efficiency variance 12,000 U Total variable overhead variance 7,500 F Fixed overhead cost variance 4,000 F When determining the total production cost flexible budget variance, what is the fixed overhead cost variance of the company?

At april 1, 2019, the food and drug administration is in the process of investigating allegations of false marketing claims by hulkly muscle supplements. the fda has not yet proposed a penalty assessment. hulkly’s fiscal year ends on december 31, 2018. the company’s financial statements are issued in april 2019. required: for each of the following scenarios, determine the appropriate way to report the situation. 1. management feels an assessment is reasonably possible, and if an assessment is made an unfavorable settlement of $13 million is reasonably possible. 2. management feels an assessment is reasonably possible, and if an assessment is made an unfavorable settlement of $13 million is probable. 3. management feels an assessment is probable, and if an assessment is made an unfavorable settlement of $13 million is reasonably possible. 4. management feels an assessment is probable, and if an assessment is made an unfavorable settlement of $13 million is probable.