If variable manufacturing overhead is applied based on direct labor hours and there is an unfavorable direct labor efficiency variance a. the direct labor rate variance will be favorable. b. the variable manufacturing overhead efficiency variance will be unfavorable. c. the direct materials usage variance will be unfavorable. d. the variable manufacturing overhead spending variance will be unfavorable.

You are bearish on telecom and decide to sell short 100 shares at the current market price of $50 per share. a. how much in cash or securities must you put into your brokerage account if the broker’s initial margin requirement is 50% of the value of the short position? b. how high can the price of the stock go before you get a margin call if the maintenance margin is 30% of the value of the short position? (input the amount as a positive value. round your answer to 2 decimal places.)