A Company Developed the Following Per-Unit Standards for Its Product

question 14

Multiple Choice

A company developed the following per-unit standards for its product: 2 pounds of direct materials at $4 per pound. Last month 1500 pounds of direct materials were purchased for $5700. The direct materials price variance for last month was

• A) $5700 favorable.
• B) $300 favorable.
• C) $150 favorable.
• D) $300 unfavorable.

Grasp the methods through which managers can empower employees and enhance self-efficacy.

Understand the principles of performance appraisal, including its purpose, effects, and best practices.

Understand the concept of power dynamics in organizations and the various sources from where individuals and units derive power.

Recognize the different ways individuals and groups engage in politics and power struggles within organizations.

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Definitions:

Alternative Family

Non-traditional family structures that differ from the conventional nuclear family.

Feminist Theories

A range of theoretical and philosophical perspectives that aim to understand the nature of gender inequality and propose strategies for gender equity.

Social Institution

Structures in society that govern the behavior of individuals and groups, such as families, education systems, and governments.