Felinas Inc

question 11

Multiple Choice

Felinas Inc. produces floor mats for cars and trucks. The owner, Kenneth Felinas, asked you to assist him in estimating his maintenance costs. Together, Mr. Felinas and you determined that the single best cost driver for maintenance costs was machine hours. Below are data from the previous fiscal year for maintenance expense and machine hours:Using the high-low method, unit variable cost is calculated to be:

• A) $1.31.
• B) $1.59.
• C) $1.36.
• D) $1.14.
• E) $1.20.

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Definitions:

Management Function

The roles and activities that managers perform to plan, organize, lead, and control to achieve organizational objectives.

Informational Roles

Part of a manager's duties that involve collecting, processing, and disseminating information within the organization.

Henry Mintzberg

A renowned academic and author known for his work on business and management structures, strategies, and organizational forms.

Interpersonal Roles

Interpersonal roles refer to the social and communication responsibilities that an individual has within an organization, which are crucial for building relationships and facilitating teamwork.