Under an add-on no-fault plan, the injured person retains the right to sue the negligent driver

___ allow for future situations that are unpredictable.

a. Contingency reserves b. Management reserves c. Known unknowns d. Indirect reserves

Chambers, Inc. uses flexible budgets. At normal capacity of 16,000 units, budgeted manufacturing overhead is: $64,000 variable and $180,000 fixed. If Chambers had actual overhead costs of $250,000 for 18,000 units produced, what is the difference between actual and budgeted costs?

a) $2,000 favorable. b) $6,000 unfavorable. c) $8,000 favorable. d) $2,000 unfavorable.