Doogan Corporation Makes a Product with the Following Standard Costs

question 43

Multiple Choice

Doogan Corporation makes a product with the following standard costs:
The company produced 5,200 units in January using 39,310 grams of direct material and 2,380 direct labor-hours. During the month, the company purchased 44,400 grams of the direct material at $1.70 per gram. The actual direct labor rate was $19.30 per hour and the actual variable overhead rate was $6.80 per hour.
The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases variance is computed when the materials are purchased.
-The variable overhead efficiency variance for January is:

• A) $1,496 F
• B) $1,496 U
• C) $1,540 U
• D) $1,540 F

Differentiate between corporate social responsibility (CSR), social entrepreneurship, and traditional nonprofit organizations.

Understand the importance of faith in the inherent goodness of social entrepreneurship for tackling complicated social issues.

Comprehend the rationale behind why Corporate Social Responsibility (CSR) is beneficial for business.

Identify the key features and goals of venture philanthropy and understand what venture philanthropists seek in their investments.

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Definitions:

Decoding Process

The act of interpreting or understanding communication signals or messages received.

Communication Model

A theoretical framework that describes the processes and elements involved in the effective exchange of information between a sender and a receiver.

Nutrition Counselor

A specialist who provides personalized guidance on eating habits and nutritional intake to improve an individual’s health status and achieve specific wellness goals.

Self-disclosing Response

A type of communication where an individual reveals personal, often intimate, information about themselves to another.