Wember Catering Uses Two Measures of Activity, Jobs and Meals

question 453

Multiple Choice

Wember Catering uses two measures of activity, jobs and meals, in the cost formulas in its budgets and performance reports. The cost formula for catering supplies is $400 per month plus $82 per job plus $10 per meal. A typical job involves serving a number of meals to guests at a corporate function or at a host's home. The company expected its activity in September to be 20 jobs and 144 meals, but the actual activity was 16 jobs and 141 meals. The actual cost for catering supplies in September was $3,100. The catering supplies in the planning budget for September would be closest to:

• A) $3,875
• B) $3,480
• C) $3,100
• D) $3,122

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Definitions:

Leadership

The process of leading or steering a team towards the accomplishment of a shared objective.

GLOBE Project

A research initiative that examines how cultural factors affect leadership and organizational practices across the world.

Leader Attribute

Characteristics or qualities that contribute to someone's ability to effectively lead others.

Visionary

A person with original ideas about what the future could or should be like, often able to inspire others towards a shared long-term goal.