Nan presents her plan for a slip-on shoe that is water repellent, inexpensive, and highly fashionable. she believes that the market for the product is "everyone in the city of seattle." because of this, she forecasts that she will capture 40% of the market.
what is the business plan error that nan is incurring?

a. too much fluff in the presentation
b. no clear product benefits
c. the exaggerated hockey stick
d. there is no error. this is a reasonable estimate.

Oerstman, inc. uses a standard costing system and develops its overhead rates from the current annual budget.the budget is based on an expected annual output of 120,000 units requiring 480,000 direct labor hours.(practical capacity is 500,000 hours)annual budgeted overhead costs total $772,800, of which $556,800 is fixed overhead.a total of 119,300 units, using 478,000 direct labor hours, were produced during the year.actual variable overhead costs for the year were $260,400 and actual fixed overhead costs were $555,450.required: 1. compute the fixed overhead spending variance and indicate if favorable or unfavorable.2. compute the fixed overhead volume variance and indicate if favorable or unfavorable.