Figure 11-2

question 100

Multiple Choice

Figure 11-2. Lawson,Inc.produces plastic grocery bags.Lawson has developed a static budget for the month of July based on 8,000 direct labor hours.During the quarter,the actual activity was 9,000 direct labor hours.Data for July are summarized as follows:
Refer to Figure 11-2.What is the flexible budget variance for July?

• A)$12,000 U
• B)$12,000 F
• C)$29,000 U
• D)$29,000 F
• E)none of these

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Definitions:

Sensory Receptors

Sensory organs that detect physical stimulation from the external world and change that stimulation into information that can be processed by the brain.

Thalamus

A subcortical forebrain structure; the gateway to the brain for almost all incoming sensory information before that information reaches the cortex.

Cortex

The outermost layer of the brain, responsible for higher brain functions such as thought, reasoning, memory, and voluntary movement.

Cerebral Cortex

The outermost layer of the brain, responsible for complex behaviors including thought, emotion, and motor function.