Gentile Corporation Makes a Product with the Following Standard Costs

question 77

Multiple Choice

Gentile Corporation makes a product with the following standard costs: The company produced 6,000 units in May using 36,970 kilos of direct material and 4,340 direct labor-hours. During the month, the company purchased 40,400 kilos of the direct material at $4.70 per kilo. The actual direct labor rate was $13.70 per hour and the actual variable overhead rate was $2.70 per hour.

The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases variance is computed when the materials are purchased.

-The materials quantity variance for May is:

• A)$13,150 F
• B)$12,361 F
• C)$13,150 U
• D)$12,361 U

Recognize various participative styles in group settings and how they enhance teamwork and communication.

Understand proven principles for assigning work effectively.

Comprehend the impact and implications of the Peter Principle in organizations.

Grasp the importance of developing subordinates and using delegation as a development tool.

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Definitions:

China

A country in East Asia, known for its vast population, rich cultural heritage, and significant historical and economic influence on the global stage.

Friends

Socially significant others with whom an individual shares mutual affection and personal ties, playing a crucial role in psychological well-being.

Psychological Traits

Characteristics of personality that are stable over time and across situations, influencing behavior and responses to the environment.

Emotional Terms

Words or phrases used to describe feelings, emotions, or mood states.