Regent,Inc

question 44

Multiple Choice

Regent,Inc.uses the following standard to produce a single unit of its product: overhead $6 (2 hrs.@ $3/hr. ) .The flexible budget for overhead is $100,000 plus $1 per direct labor hour.Actual data for the month show overhead costs of $150,000,and 24,000 units produced.The overhead volume variance is:

• A)$10,000 favorable.
• B)$12,000 favorable.
• C)$4,000 unfavorable.
• D)$16,000 unfavorable.
• E)$36,000 unfavorablE.

Understand the concept of environmental cues in association with rewards.

Comprehend the factors motivating escape behavior and the approach towards reward.

Recognize the impact of reward variation on motivation and behavior.

Grasp the principle of anticipatory goal responses and their development.

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Definitions:

East India Company

A historical English company formed for the exploitation of trade with East and Southeast Asia and India, incorporated by royal charter in 1600.

Boston Tea Party

The incident on December 16, 1773, in which the Sons of Liberty, dressed as Indians, dumped hundreds of chests of tea into Boston Harbor to protest the Tea Act of 1773. Under the Tea Act, the British exported to the colonies millions of pounds of cheap—but still taxed—tea, thereby undercutting the price of smuggled tea and forcing payment of the tea duty.

Battle of Alamance

A pre-American Revolutionary War conflict in 1771 between local militia and a group of rebels known as Regulators in North Carolina, symbolizing growing colonial unrest.

Regulators

Individuals or bodies that control, monitor, or supervise specific activities or industries, ensuring compliance with laws and standards for the public good.