Developing a value chain from the perspective of the final customer requires Select one: A. providing response mailers with sold products. * B. working backwards to the basic raw materials. C. working forward from mid-production. D. providing the lowest price in the industry. An activity is Select one: A. unrelated to a process. B. typically not part of a process. C. a unit of work. D. made up of several units of work. x In a cost-based pricing approach, the last amount to be determined is Select one: A. discretionary fixed cost. B. variable cost. X C. sales price. D. manufacturing cost. tends to tie into all of the other budgets. Select one: A. The cash budget B. The sales budget x C. The operating budget D. The purchasing budget The management of Clean Energy Manufacturing is analyzing variable overhead variances for the fiscal period just ended. The flexible budget called for $88,000 in variable overhead but actual variable overhead was $100,000. In computing the overhead variances, Clean's management discovered that it had used 40,000 pounds of direct material, rather than the budgeted amount of 44,000 pounds. (Pounds of direct material is the single overhead driver of variable overhead). The standard variable overhead rate per pound of direct material is $2.00. What is Clean's variable overhead efficiency variance? Select one: A. $24,000 (U) * B. $ 8,000 (U) C. $ 8,000 (F) D. $16,000 (F)