Waycross Construction Company Has a Pipeyard Operation Which Is Run

question 106

Multiple Choice

Waycross Construction Company has a pipeyard operation which is run as a cost center. They are preparing a performance report for the month of March and have provided the data below:
$\begin{array}{|l|r|r|r|r|r|r|}\hline \text { Cost Center } & & \text { Flexible } & \text { Flexible Budget } \\\hline \text { Performance Report } & \text { Actual } & \text { Budget } & \text { Variance } & \text { U/F } & \% \text { variance } & \text { U/F } \\\hline \text { Wages \& benefits } & \$ 81,200 & \$ 80,000 \\\hline \text { Office lease expense } & 42,060 & 45,000 \\\hline \text { Depreciation expense } & 39,600 & 42,000 \\\hline \text { Insurance expense } & 33,490 & 30,000 \\\hline \text { Other expense } & 7,120 & 8,000 \\\hline & \$ 203,470 & \$ 205,000 \\\hline\end{array}$

• A) 11.6 % U
• B) 11.6 % F
• C) 12.5 % U
• D) 12.5% F

Understand the concept of a learning organization and its impact on employees.

Identify and explain the benefits of delegating tasks within an organization.

Recognize the steps and principles in the process of delegating, including creating obligations and assigning work.

Comprehend the initial step in the organizing process and the importance of determining needed resources.

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Definitions:

Intimate Zone

The physical space immediately surrounding an individual, into which entry implies familiarity and personal interaction.

Public Zone

An area or space accessible to everyone, where individuals interact under the observation of others, often governed by societal norms and regulations.

Secondary

Pertains to the second level or stage, often referring to education or sources that build upon primary information.

Group's Ecology

The study of the relationships and interactions between a group and its physical and social environments.