Use the Following Information for the Next 2 Questions

question 33

Multiple Choice

Use the following information for the next 2 questions.
Thurston Corp. uses a standard job cost system with the following standards: Thurston actually used 2,000 pounds of direct material that cost $10,000 and 500 direct labor hours that cost $7,500.
-The entry to record the usage of direct materials would include a

• A) Debit to Work in process inventory for $9,600
• B) Credit to Raw material inventory for $10,000
• C) Debit to Work in process inventory for $10,500
• D) Credit to Direct materials efficiency variance for $480

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Definitions:

Situational Leadership Model

A leadership theory proposing that the most effective leadership style varies according to the readiness and capability of the followers.

Team Leader

An individual responsible for guiding, directing, and coordinating the efforts of a team towards achieving specific goals.

Vroom-Jago

A decision-making model that helps leaders choose the best method of decision making under different conditions.

Leadership Models

Theoretical frameworks or approaches describing how leadership can be effectively exercised within organizations or groups.