Refer to the information above. What is the optimal EPQ?

A report prepared by a processing department for equivalent units of production, production costs, and the assignment of those costs to the completed and in-process units is called a(n) ________

A) organizational report B) equivalent units report C) job costing report D) production cost report

The static budget, at the beginning of the month, for Singleton Company follows

Static budget: Sales volume: 1,000 units; Sales price: $70.00 per unit Variable costs: $32.00 per unit; Fixed costs: $35,500 per month Operating income: $2,500 Actual results, at the end of the month, follows: Actual results: Sales volume: 980 units; Sales price: $74.00 per unit Variable costs: $35.00 per unit; Fixed costs: $33,300 per month Operating income: $4,920 Calculate the flexible budget variance for fixed costs. A) $2,200 U B) $2,200 F C) $0 D) $3,180 F