When Walston Corporation Prepared Its Budget for 2017, It Estimated

question 75

Multiple Choice

When Walston Corporation prepared its budget for 2017, it estimated fixed overhead of $540,000 ($45,000 per month) and variable overhead at $3.00 per unit produced.The company planned to produce 48,000 units during the year at a rate of 4,000 units each month.During April, the company produced 3,800 units and total overhead costs were $59,000.How much is the controllable overhead variance for April?

• A)$2,000 unfavorable
• B)$2,600 unfavorable
• C)$600 favorable
• D)$2,250 unfavorable

Understand the definition and elements of transformational leadership, including the role of effective delegation.

Grasp the key concepts and dimensions of the GLOBE model of cultural dimensions.

Identify the nature of the Leader-Member Exchange (LMX) Model and its relevance to organizational leadership.

Distinguish between transformational and transactional leadership styles.

---

Definitions:

Self-Fulfilling Prophecy

An anticipation that, by directly or indirectly influencing behaviors and beliefs through a positive feedback cycle, ensures its own realization.

Actor-Observer Effect

The tendency to attribute one's own actions to external causes while attributing others' actions to their character or personality.

Interested

Having an attraction or curiosity about something or someone.

Uninterested

describes a lack of interest or concern about something or someone.