Which of the following formulas is used to calculate the total fixed overhead variance? a. Total actual overhead - Total applied overhead b. Actual fixed overhead (Standard overhead rate * Standard hours allowed) c. (Total actual overhead - Standard fixed overhead rate) Standard hours allowed d. Actual fixed overhead - (Standard fixed overhead rate * Standard hours allowed) e. Actual fixed overhead - (Standard fixed overhead rate * Actual direct labor hours) Long Company's net income last year was $43,000, and cash dividends declared and paid to the company stockholders was $28.000 Changes in selected balance sheet accounts for the year are as follows: Increases (Decreases) Debit balances: Accounts receivable Inventory Long-term investments $(6,000) 2,000 40,000 Credit balances: Accumulated depreciation Accounts payable Accrued liabilities Taxes payable 19,000 18,000 (5,000) 4,000 Based solely on this information, the net cash flows from operating activities under the indirect method on the statement of cash flows would be 3. 53.000 b. 583.000 C. 525.000 d. 562.000