Benjamin Corporation Is a Shipping Container Refurbishment Company That Measures

question 3

Multiple Choice

Benjamin Corporation is a shipping container refurbishment company that measures its output by the number of containers refurbished. The company has provided the following fixed and variable cost estimates that it uses for budgeting purposes.
When the company prepared its planning budget at the beginning of March, it assumed that 26 containers would have been refurbished. However, 23 containers were actually refurbished during March.
-The amount shown for total expenses in the planning budget for March would have been closest to:

• A) $126,700
• B) $143,226
• C) $128,600
• D) $133,700

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Definitions:

Diffusion of Responsibility

Refers to a sociopsychological phenomenon where individuals are less likely to take action or feel a sense of responsibility in the presence of a large group of people.

Pluralistic Ignorance

A psychological phenomenon where individuals wrongly believe their feelings and beliefs are different from those of the group, often leading to conformity despite personal objections.

Good Samaritan Effect

A phenomenon where individuals are more likely to help others in need without expecting anything in return, inspired by the biblical parable of the Good Samaritan.

Gender and Helping

the study of how an individual's gender influences their tendency to offer assistance to others, often with findings suggesting societal norms and roles impact helping behavior.