Caterpillar uses target-return pricing to set prices on its construction equipment, and justifies a higher price by showing lower lifetime operating costs

Based on the following, what is the total manufacturing overhead variance for the total production cost flexible budget variance?

A) $725 F B) $350 U C) $725 U D) $425 F

The American rich often indulge in luxury goods while pinching pennies on everyday items

Indicate whether the statement is true or false