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Diaz Company Has Developed the Following Standards for One of Its

question 24

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Diaz Company has developed the following standards for one of its products:  Direct materials 3.50 pounds ×$4 per pound  Direct labor 1 hour ×$12 per hour  Variable manufacturing overhead 1 hour ×$6 per hour \begin{array}{ll}\text { Direct materials } & 3.50 \text { pounds } \times \$ 4 \text { per pound } \\\text { Direct labor } & 1 \text { hour } \times \$ 12 \text { per hour } \\\text { Variable manufacturing overhead } & 1 \text { hour } \times \$ 6 \text { per hour }\end{array}

 The following activity occurred during the month of April: \text { The following activity occurred during the month of April: }

 Materials purchased 2,000 pounds costing $22,500 Materials used 1,600 pounds  Units produced 250 units  Direct labor 550 hours at $12.50 per hour  Actual variable manufacturing overhead: $2,500\begin{array}{ll}\text { Materials purchased } & 2,000 \text { pounds costing } \$ 22,500 \\\text { Materials used } & 1,600 \text { pounds } \\\text { Units produced } & 250 \text { units } \\\text { Direct labor } & 550 \text { hours at } \$ 12.50 \text { per hour } \\\text { Actual variable manufacturing overhead: } & \$ 2,500\end{array} The company records materials price variances at the time of purchase.
The total variable standard cost is:

Identify the motivational aspects of goal setting in organizational behavior.
Recognize the attributes and moderators that influence the effectiveness of goals in organizations.
Understand how goal setting influences individual and team performance in various contexts, including cultural and ethical considerations.
Grasp the significance of feedback in the goal-setting process and its impact on performance.

Definitions:

Panic Disorder

A psychiatric disorder marked by recurrent, unexpected panic attacks and persistent concern about having more attacks.

Obsessive-Compulsive Disorder

A mental health disorder characterized by repetitive, unwanted thoughts (obsessions) and irrational, excessive urges to do certain actions (compulsions).

Generalized Anxiety Disorder

A mental health condition characterized by persistent and excessive worry about various aspects of life, such as work, health, or finances, often leading to physical symptoms like restlessness, fatigue, and concentration difficulties.

Social Anxiety Disorder

A chronic mental health condition in which social interactions cause irrational anxiety and fear.

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