Siggy Inc Budgeted 12,000 and Produced 11,000 Tape Dispensers During June

question 97

Multiple Choice

Siggy Inc. budgeted 12,000 and produced 11,000 tape dispensers during June. Resin used to make the dispensers is purchased by the pound. Manufacturing overhead is applied based on units produced. Manufacturing standards and actual costs follow:
$\begin{array}{|l|c|c|}\hline &\text { Standards }&\text { Actual }\\ \hline \text { Materials } & 2 \text { pounds @ } \$ 5.00 \text { a pound } & 20,900 \text { pounds } @ \$ 4.90 \text { per pound } \\\hline \text { Labor } & 0.25 \text { hours } @ \$ 15.00 \text { per hour } & 2,700 \text { hours } @ \$ 15.30 \text { per hour } \\\hline \text { Variable overhead } & \$ 39,000 & \$ 36,500 \\\hline \text { Fixed overhead } & \$ 1.50 \text { per dispenser } & \$ 17,250\\\hline\end{array}$
How much is the standard cost of a tape dispenser?

• A) $18.50
• B) $13.75
• C) $24.75
• D) $18.80

---

Definitions:

Distributed Leadership

An organizational framework where leadership roles are shared among members of a group or organization, rather than centralized in a single individual.

Authentic Leadership

A leadership style that emphasizes transparency, integrity, and ethical behavior, promoting trust and authenticity.

Conjunctive Leadership

A leadership approach that emphasizes the collaboration and connection between leaders and team members, fostering unity and joint effort.

High-Performance Teams

Groups that achieve superior results through a combination of effective leadership, collaborative teamwork, and high levels of commitment and competence.