Bonavita Corporation Is a Service Company That Measures Its Output

question 146

Multiple Choice

Bonavita Corporation is a service company that measures its output by the number of customers served. The company has provided the following fixed and variable cost estimates that it uses for budgeting purposes. When the company prepared its planning budget at the beginning of July, it assumed that 33 customers would have been served.
The amount shown for net operating income in the planning budget for July would have been closest to:

• A) ($4,300)
• B) ($1,414)
• C) ($1,200)
• D) $8,200

---

Definitions:

Skills Approach

The Skills Approach to leadership suggests that effective leadership is largely determined by an individual's capabilities, skills, and knowledge, which can be developed and enhanced over time.

Practice And Instruction

Refers to the process of learning and teaching through hands-on experience and formal educational activities.

Specific Techniques

involves particular methods or strategies employed to accomplish a task or solve a problem efficiently.

Mumford's Skills Model

A framework that outlines the capabilities that leaders need, including problem-solving skills, social judgment skills, and knowledge.