Brong Corporation Is a Shipping Container Refurbishment Company That Measures

question 296

Multiple Choice

Brong Corporation is a shipping container refurbishment company that measures its output by the number of containers refurbished. The company has provided the following fixed and variable cost estimates that it uses for budgeting purposes and the actual results of operations for March. When the company prepared its planning budget at the beginning of March, it assumed that 22 containers would have been refurbished. However, 18 containers were actually refurbished during March.The variance for net operating income in the Revenue and Spending Variances column of a report comparing actual results to the flexible budget for March would have been closest to:

• A) $16,200 F
• B) $1,800 U
• C) $16,200 U
• D) $1,800 F

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Definitions:

Employee Psychographics

The study of employees' values, attitudes, interests, and lifestyles to improve workplace environment and dynamics.

Worker' Compensation Insurance

Insurance that provides wage replacement and medical benefits to employees injured in the course of employment in exchange for the mandatory relinquishment of the employee's right to sue their employer for negligence.

Increased Employee Distrust

A rising sense of skepticism or lack of trust among employees towards their employers or workplace policies, often resulting from poor communication, lack of transparency, or unfair practices.

Hospitalization

The process of admitting a patient to a hospital for treatment, care, or observation.