The Following Standards for Variable Manufacturing Overhead Have Been Established

question 220

Multiple Choice

The following standards for variable manufacturing overhead have been established for a company that makes only one product:

$\begin{array}{l}\begin{array} { | l | r | } \hline \text { Standard hours per unit of output } & 1.6 \text { hours } \\\hline \text { Standard variable overhead rate } & \$ 11.55 \text { per hour } \\\hline\end{array}\\\text { The following data pertain to operations for the last month: }\\\begin{array} { | l | r | } \hline \text { Actual hours } & 4,900 \text { hours } \\\hline \text { Actual total variable overhead cost } & \$ 58,310 \\\hline \text { Actual output } & 3,000 \text { units } \\\hline\end{array}\end{array}$
-What was the variable overhead efficiency variance for the month?

• A) $1,155 unfavourable.
• B) $1,190 favourable.
• C) $1,190 unfavourable.
• D) $1,680 favourable.

Recognize the importance of honesty, achievement drive, and maturity as traits of successful leaders.

Understand the concepts of initiating structure and consideration as dimensions of leader behavior.

Comprehend the role of leadership style in different situational contexts, including the readiness and ability levels of team members.

Learn the implications of leadership theories in organizational change and employee management.

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Definitions:

Catatonic

Relates to a state of psychomotor immobility and behavioral abnormality, often seen in severe mental illness, where an individual may be mute or exhibit peculiar movements.

Frozen

A state of being immobilized or unable to act, typically due to fear, shock, or uncertainty.

Delusions of Reference

False beliefs that events, objects, or other people in the environment have a specific and unusual significance directly related to the person.

Hallucinations

Perceptions in the absence of external stimulus that have qualities of real perception, often seen in certain mental health conditions.