Stein Company Planned to Produce 12,000 Units

question 31

Multiple Choice

Stein Company planned to produce 12,000 units.This level of production required 20 setups at a cost of $18,000 plus $500 per setup.Actual production was 10,000 units,requiring 15 setups.Actual setup cost was $26,000.What is the flexible budget variance for setup costs?

• A)$500 Favorable
• B)$500 Unfavorable
• C)$2,000 Favorable
• D)$2,000 Unfavorable

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Definitions:

King

A male monarch or the highest-ranking ruler of a sovereign state traditionally inherited by birthright.

Dopamine

A neurotransmitter in the brain that plays a key role in motivation, pleasure, and reward, as well as movement and cognition.

Receptors

Proteins on or within cells that bind to specific molecules like hormones or neurotransmitters, initiating a biological response.

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A chronic and severe mental disorder that affects how a person thinks, feels, and behaves, marked by symptoms like delusions and hallucinations.