Glenn, SA, Has Done a Cost Analysis for Its Production of of T-Shirts

question 72

Multiple Choice

Glenn, SA., has done a cost analysis for its production of T-shirts. The following activities and cost drivers have been developed: Following are the actual costs of producing 75,000 T-shirts: 5,000 machine hours; 10 batches; 20 purchase orders
What is the budget variance for setups in an activity-based performance report?

• A) £1,000 F
• B) £2,000 F
• C) £3,000 F
• D) none of the above

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Definitions:

Managing Diversity

A term used to describe efforts to create a workforce that reflects the gender, racial, and ethnic differences in the wider society.

Affirmative Action

Policy measures aimed at increasing the representation of minorities and historically marginalized groups in areas such as employment, education, and business, through positive discrimination.

Power

A dynamic process in which relations of interdependence exist between actors in organizational settings.

Water Cooler Talk

Informal conversations among coworkers that take place in workplace settings, often around the water cooler, not necessarily related to work topics.