Shoemaker Perkins Company Uses a Standard Cost System and Had

question 155

Multiple Choice

Shoemaker Perkins Company uses a standard cost system and had 400 pounds of raw material X15 on hand on September 1. The standard cost of X15 is $10.00 per pound. The production standard calls for 2 pounds of material X15 for each unit of product manufactured. The company manufactured 600 units of the product in September, and had 500 pounds of material X-15 in stock on September 30. The actual price for material X-15 purchased during the month was $1 per pound below the standard cost. The material usage variance in September was $3,000 unfavorable. What is the purchase-price variance for material X in September, rounded to the nearest dollar?

• A) $1,100 favorable.
• B) $1,200 favorable.
• C) $1,300 favorable.
• D) $1,500 favorable.
• E) $1,600 favorable.

Understand the various cognitive styles and their implications on problem-solving and decision making.

Analyze the advantages and disadvantages of individual vs group decision making.

Grasp the concept and application of design thinking in creative decision making.

Identify and understand various types of sensor technology, including thermocouples and encoders.

---

Definitions:

Behavior Modification

A therapeutic approach designed to change specific undesirable behaviors using reinforcement principles.

Classical Conditioning

The method of instruction where a response is learned by associating a stimulus from the environment with one that occurs naturally.

Unconditioned Stimulus (US)

A stimulus that naturally triggers a response without any prior learning or conditioning.

Conditioned Stimulus (CS)

An initially neutral stimulus that, after being linked with an unconditioned stimulus, comes to elicit a conditioned response over time.