Sheldon Company Manufactures Only One Product and Uses a Standard

question 162

Multiple Choice

Sheldon Company manufactures only one product and uses a standard cost system. During the past month, manufacturing operations for the company had the following variances: direct labor rate variance = $30,000 favorable; direct labor efficiency variance = $50,000 unfavorable. Sheldon allows 5 standard direct labor hours per unit produced, and its standard direct labor hourly pay rate is $50. During the month, the company used 25% more direct labor hours than the standard allowed for the output achieved.

What was the direct labor flexible-budget (FB) variance for the month (rounded to the nearest dollar) ?

• A) $20,000 unfavorable.
• B) $25,000 unfavorable.
• C) $37,500 favorable.
• D) $62,500 unfavorable.
• E) $80,000 unfavorable.

Understand various methods and theories of socialization.

Comprehend the impact of family, peers, and institutional agents on socialization.

Differentiate between intrinsic and extrinsic motivation and their roles in behavior development.

Recognize the influence of social structures and significant life events on individual development.

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Definitions:

Civil Rights Act

A landmark piece of federal legislation in the United States that prohibits discrimination on the basis of race, color, religion, sex, or national origin.

Federal Judiciary

The system of courts that interprets and applies the law in the name of the federal government of the United States, including the Supreme Court and lower federal courts.

Discrimination

The unfair or prejudicial treatment of individuals or groups based on characteristics such as race, gender, age, or sexual orientation, leading to inequality and exclusion.

African Americans

Citizens or residents of the United States who have ancestry from the black racial groups of Africa.