Beck Company has determined the following variances at the end of the current year: Variances Production Volume Variance $100,000 Favorable Flexible Budget Variance for Direct Materials $10,000 Unfavorable Flexible Budget Variance for Direct Labor $22,000 Unfavorable Flexible Budget Variance for Fixed Overhead $30,000 Favorable Flexible Budget Variance for Variable Overhead $25,000 Unfavorable Before consideration of the above variances, the company has operating income of $1,400,000. What is the operating income after considering the above variances? O A. $1,530,000 B. $1.473,000 OC. $1,500,000 OD. $1,343,000 What is the 80 - 20 rule used when selecting cost allocation bases for the budgeted overhead rate? O A. 20% of the cost - allocation bases drive 80% of the overhead costs OB. 80% of the cost - allocation bases drive 20% of the overhead costs OC. 80% of the overhead rate is determined by 20% of the cost - allocation bases OD. 20% of the overhead rate is determined by 80% of the cost - allocation bases