Winston Co

question 16

Multiple Choice

Winston Co.had two products code named X and Y.The firm had the following budget for August:
On September 1,the following operating results for August were reported:
Industry volume was estimated to be 120,000 units at the time of the budget.Actual industry volume for the period was 125,000 units.
The selling price variance for Product X is:

• A)$0.
• B)$25,000 unfavorable.
• C)$45,000 unfavorable.
• D)$46,000 favorable.
• E)$75,000 unfavorable.

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Definitions:

Directive Style

A leadership approach characterized by providing clear expectations, specific directions, and close supervision of tasks and performance.

Specific Guidance

Direct and detailed instructions or advice provided to help someone accomplish a task or improve their performance.

Leadership Grid

A model used in organizational development to evaluate a leader's concern for people versus their concern for production or results.

Team Manager

A leader or supervisor responsible for directing and coordinating the efforts of a group of individuals working towards a common goal.