Benjamin Corporation Is a Shipping Container Refurbishment Company That Measures

question 67

Multiple Choice

Benjamin 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. When the company prepared its planning budget at the beginning of March, it assumed that 26 containers would have been refurbished. However, 23 containers were actually refurbished during March.The amount shown for "Refurbishing materials" in the planning budget for March would have been closest to:

• A) $16,700
• B) $18,200
• C) $18,878
• D) $16,100

---

Definitions:

Groupthink

A phenomenon where the desire for harmony or conformity in a group results in an irrational or dysfunctional decision-making outcome.

Nominal Group Technique

A structured method for group brainstorming that encourages contributions from everyone in the group and seeks to achieve consensus.

Delphi Technique

A method for gathering expert opinions and achieving consensus through a series of structured questionnaires, often used in forecasting and decision-making.

Specific Performance Objectives

Explicitly stated targets or goals that are intended to be achieved within a certain timeframe, often used to measure work performance.