Moncrief Corporation Bases Its Budgets on Machine-Hours

question 224

Multiple Choice

Moncrief Corporation bases its budgets on machine-hours. The company's static planning budget for July appears below: Actual results for the month were:
The spending variance for power costs in the flexible budget performance report for the month should be:

• A) $2,060 F
• B) $2,060 U
• C) $300 F
• D) $300 U

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Definitions:

Athletic Instruction

The process of teaching or training individuals in the skills and strategies related to sports and physical activities.

Cognitive-behavioral Therapy

A psychotherapeutic approach that addresses dysfunctional emotions, behaviors, and cognitions through a goal-oriented, systematic process.

Meta-analysis

A statistical procedure for combining data from multiple studies to generate an overall conclusion.

Token Economy

A behavioral modification system that uses tokens as a form of reward, which can be exchanged for desirable items or privileges as reinforcement for desired behaviors.