Leonesio Corporation Makes a Product That Uses a Material with the Following

question 176

Multiple Choice

Leonesio Corporation makes a product that uses a material with the following standards:
The company budgeted for production of 3,100 units in August, but actual production was 3,200 units. The company used 27,600 kilos of direct material to produce this output. The company purchased 29,000 kilos of the direct material at a total cost of $118,900. The direct materials purchases variance is computed when the materials are purchased.
-The materials price variance for August is:

• A) $2,900 U
• B) $2,624 U
• C) $2,900 F
• D) $2,624 F

Describe the trait approach to personality and its insights into human motives and the role of the unconscious

Critique the limitations of trait theories in explaining individual differences

Identify the relationship between brain structure and the Big Five personality traits

Distinguish between different theorists and their contributions to personality psychology

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Definitions:

Quotas

Set limits or targets, usually pertaining to sales, production, or imports and exports, that a company or government aims to achieve.

World Trade Organization

An international organization that regulates international trade, aiming to ensure that trade flows as smoothly, predictably, and freely as possible.

Imports

Goods or services brought into one country from another for sale.

Quota

A set limit or target, often in the contexts of sales or production, that a person or organization is expected to achieve.