Figure 16-5
Torino, SA -Refer to Figure 16-5

question 55

Multiple Choice

Figure 16-5
Torino, SA., manufactures machine parts. Torino has developed a static budget for its plant at an activity level of 10,000 direct labour hours for the month of March. The actual level of activity was 11,000 hours. The following table summarizes the static budget and the actual costs for March: $\begin{array}{lccc}&\text { Static Budget } &\text { Actual Costs }\\& (10,000 \mathrm{DLH}) & (11,000 \mathrm{DLH}) & \text {Variance}\\ \text { Variable costs } & £ 21,000 & £ 22,000 & £ 1,000 \mathrm{U} \\ \text { Fixed costs } & 7,800 & 7,700 & 100 \mathrm{~F} \\ \text { Total } & £ 28,800 & £ 29,700 & £ 900\mathrm{U} \\ \end{array}$
-Refer to Figure 16-5. Which of the following describes how well the plant manager performed for the month of March?

• A)The manager performed a good job in controlling costs.
• B)The manager performed a poor job in controlling costs.
• C)The manager exceeded his goals.
• D)both a and c

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Definitions:

Inequality

A social and economic condition characterized by the unequal distribution of resources, wealth, opportunities, and rights among individuals or groups.

Antifeminist Movement

A social and political movement opposing feminism and its efforts to change societal norms related to gender equality and women's rights.

Consequence

A result or effect of an action or condition.

Détente

A period of improved relations between two countries that were previously in conflict with each other, notably used to describe the easing of tensions between the United States and the Soviet Union during the Cold War era.