Lazy Guy Corporation manufactured 6,000 chairs during June. The following variable overhead data relates to June: Budgeted variable overhead cost per unit $10 Actual variable manufacturing overhead cost $52,800 Flexible-budget amount for variable manufacturing overhead $46,900 Variable manufacturing overhead efficiency variance $790 unfavorable What is the variable overhead spending variance?

The former chairman of the federal reserve, alan greenspan, used the term "irrational exuberance" in 1996 to describe the high levels of optimism among stock market investors at the time. stock market indexes such as the s& p composite price index were at an all-time high. some commentators believed that the fed should intervene to slow the expansion of the economy. why would central banks want to clamp down when the economy is growing? a. to block the formation of unsustainable speculative asset bubbles. b. to curtail excessive profits in the banking system. c. to prevent inflationary forces from gathering momentum. d. all of the above. e. a and c only.