Carlton Corporation Carlton Corporation Produces and Sells Faux-Leather Handbags. in the Current

question 89

Multiple Choice

Carlton Corporation
Carlton Corporation produces and sells faux-leather handbags. In the current year, the company budgeted for the production and sale of 1000 handbags; however, 900 handbags were actually produced and sold. Each bag has a standard requiring 2 metres of material at a cost of $4.00 per metre and 1 hour of assembly time at a cost of $9.50 per hour. Actual costs for the production of 900 bags were $7215 for materials (1850 metres purchased and used @ $3.90 per metre) and $10 125 for labour (1125 hours @ $9.00 per hour) .
-Carlton's direct materials price variance is:

• A) $195 U
• B) $ 15 U
• C) $185 F
• D) $180 F

Understand the components and purpose of a business plan.

Grasp various organizational strategies in business writing, focusing on topical organization.

Develop an understanding of the differentiation between solicited and unsolicited proposals.

Identify and differentiate between various types of reports and their purposes within business contexts.

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Definitions:

Hearing

The sense through which sound is perceived, involving the detection of vibrations through the ear.

Taste

One of the five senses, it is the perception of flavor perceived in the mouth and throat on contact with a substance.

Olfaction

The sense of smell, an important sensory system allowing for the detection and identification of odors in the environment.

Audition

The sense of hearing; the perception of sound.