Rammazzotti, Inc $\text { Rammazzotti Inc., had the following budgeted data: }$

question 25

Multiple Choice

Rammazzotti, Inc., is looking for feedback on company performance. The company compares the budget for the year with the actual costs. Data have been collected below: $\text { Rammazzotti Inc., had the following budgeted data: }$

$\begin{array}{ll}\text { Unit sales for } 2018 & 26,000 \\\text { Unit production for } 2018 & 26,000\\\\\text { Budgeted fixed overhead for } 2018 \text { : }\\\text { Superrision } & \$ 800 \\\text { Depreciation } & 2,000 \\\text { Rent } & 100\\\\\text { Budgeted variable costs per unit: } & \\\text { Direct materials } & \$ 0.15 \\\text { Direct labor } & 0.20 \\\text { Supplies } & 0.02 \\\text { Indirect labor } & 0.05 \\\text { Power } & 0.02\\\end{array}$
$\text { The following actually occurred: }$
$\begin{array}{ll}\text { Actual unit sales for } 2018 & 24,000 \\\text { Actual unit production for } 2018 & 28,000\\\\ \text {Actual fixed overhead for 2018 : }\\ \text {Supervision }&\$850\\ \text {Depreciation }&2,000\\ \text {Rent }&100\\\\\text { Actual variable costs: } & \\\text { Direct materials } & \$ 3,500 \\\text { Direct labor } & 4,900 \\\text { Supplies } & 530 \\\text { Indirect labor } & 1,250 \\\text { Power } & 470\end{array}$ The static budget variance for total variable costs is

• A)$90 U.
• B)$180 U.
• C)$790 F.
• D)$880 F.

Understand the role of environmental and cognitive factors in subjective well-being.

Recognize the physiological and expressive aspects of emotions and their universality.

Explain how social and personal factors contribute to life satisfaction and happiness.

Comprehend the psychological mechanisms behind mood fluctuations and their daily patterns.

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Definitions:

Capacity

The maximum level of output that a facility, system, or machine can produce under specific conditions over a given period.

Load Smoothing

A strategy to balance workload or production levels to minimize peaks and troughs, ensuring consistent use of resources over time.

Bill of Material

An all-encompassing register of foundational materials, pieces, and recipes necessary for erecting, generating, or fixing a product or service.

Lead Time

The time interval from initiating a process to its completion, often critical in manufacturing, supply chain management, and project planning.