The Following Information Was Gathered for Nittany Lions Company Assume the Cost Driver Is Direct- Labor Hours

question 10

Multiple Choice

The following information was gathered for Nittany Lions Company: $\begin{array}{ll}\text { Budgeted direct-labor hours } & 34,000 \\\text { Actual direct-lab or hours } & 32,400 \\\text { Budgeted f actory overhead } & \$ 144,500 \\\text { Actual factory ov erhead } & \$ 149,980\end{array}$ Assume the cost driver is direct- labor hours. The budgeted factory- overhead rate is:

• A) $4.25
• B) $4.84
• C) $4.63
• D) $4.45

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Definitions:

Leadership

The act of guiding or influencing a group towards achieving a common goal through inspiration, strategy, and direction.

Leadership Theories

The various models and explanations developed to understand leadership, including traits, behavior, contingency, and transformational leadership theories.

Leadership Ethics

The study and practice of ethical standards and behaviors in leadership contexts, focusing on moral decision-making and actions.

Ethical Leadership

A leadership style that is guided by respect for ethical beliefs and values, and the dignity and rights of others, often emphasizing integrity and fairness.