Stone Industries uses flexible budgets. At normal capacity of 16,000 units, budgeted manufacturing overhead is: S48,000 variable and $270,000 fxed. If Stone had actual overhead costs of $321,000 for 18,000 units produced, what is the difference between actual and budgeted costs? Select one: o a. $3,000 unfavorable X Incorrect b. $3,000 favorable c. $9,000 unfavorable d. $12,000 favorable The correct answer is: $3,000 favorable The following information is available for Halle Department Stores: Average operating assets Controllable margin Contribution margin Minimum rate of return How much is Halle's residual income? $600,000 60,000 150,000 8% Select one: o a. $102,000 X Incorredt b. S540,000 c. $12,000 d. $48,000