Use the Information Below to Answer the Following Question(s)

question 130

Essay

Use the information below to answer the following question(s).Tractor Corporation produces toy tractors.The company uses the following direct cost categories:
Actual performance for the company is shown below:
Actual output: 5,000 units
Direct Materials:
Direct Manufacturing Labour:
Direct Marketing Labour:

-What is the combined total of the flexible budget variances?
A)$102,650 unfavourable
B)$99,000 unfavourable
C)$78,500 unfavourable
D)$75,150 favourable
E)$75,150 unfavourable

• A)$102,650 unfavourable
• B)$99,000 unfavourable
• C)$78,500 unfavourable
• D)$75,150 favourable
• E)$75,150 unfavourable

---

Definitions:

National Culture

The set of shared values, beliefs, traditions, and behaviors that characterizes the people of a specific country.

Global Entrepreneurship Monitor

An annual assessment of the national level of entrepreneurial activity in multiple countries, providing insights into the entrepreneurial ecosystem and trends.

Angela Lee Duckworth

A psychologist known for her research on grit and perseverance, studying how these traits impact success and achievement.

Carol Dweck

A psychologist known for her work on the mindset psychological trait, particularly the distinction between fixed and growth mindsets.