Use the Budget Data Shown Below for Sharp Company to Answer

question 176

Multiple Choice

Use the budget data shown below for Sharp Company to answer the questions that follow:
$$\begin{array} { l r } \text { Estimated direct labor hours } & 12,000 \\\text { Estimated direct labor dollars } & \$ 90,000 \\\text { Estimated factory overhead costs } & \$ 179,000 \\\text { Actual direct labor hours } & 11,500 \\\text { Actual direct labor dollars } & \$ 92,000 \\\text { Actual factory overhead costs } & \$ 180,000\end{array}$$
-If factory overhead is to be applied based on direct labor dollars, the predetermined overhead rate is

• A) 199%
• B) 196%
• C) $14.92
• D) $15.65

Understand the role of innovation and technology in business management.

Recognize the effects of the global economy on business operations and individual workers.

Understand the processes of empowerment and decentralization in decision-making.

Comprehend the relevance of campaign financing and legal issues in corporate governance.

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Definitions:

Actualization

The process of realizing or achieving one's potential or capabilities, often associated with Maslow's hierarchy of needs.

Unconditional Positive Regard

A term coined by Carl Rogers referring to accepting and supporting someone regardless of what they say or do.

Internalizing

The process of integrating beliefs, attitudes, or behaviors into one’s own self-concept or personality.

Child's Behavior

The actions or reactions of a child in response to external or internal stimuli.