The Corleone Company Makes Tables for Which the Following Standards

question 69

Multiple Choice

The Corleone Company makes tables for which the following standards have been developed: $$\begin{array} { l l l } & \text { Standard Inputs } & \text { Standard Price } \\& \text { Expected for E ach } & \text { Expected per } \\& \text { Unit of Output } & \text { Unit of Output } \\\text { Direct materials } & \text { 10 pounds } & \$ 4 \text { per pound } \\\text { Direct labor } & 3 \text { hours } & \$ 16 \text { per hour }\end{array}$$ Production of 200 tables was expected in July, but 220 tables were actually completed. Direct materials purchased and used were 2,000 pounds at an actual price of $4.40 per pound. Direct labor cost for the month was $10,620, and the actual pay per hour was $18.00. _ is the direct- material usage variance for July.

• A) $880 favorable
• B) $800 unfavorable
• C) $880 unfavorable
• D) $800 favorable

Recognize the roles and challenges faced by administrative agencies in the regulatory landscape.

Understand the judicial and public oversight mechanisms to prevent administrative abuse.

Grasp the implications and mechanisms of judicial review of agency decisions.

Understand the relationship between administrative regulations and the interests of small businesses.

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Definitions:

Sheet

A broad, flat piece of material such as metal, paper, or plastic, typically rectangular.

ICON

A small graphical representation or symbol used in user interfaces to represent a program, file, or function.

Input Connector

A device or port where signal or data enters an electronic system or component.

Output Pins

The terminals or connectors on a device, like a microcontroller or integrated circuit, that provide electrical output to other parts of a system.