Cuda Corporation Makes a Product That Uses a Material with the Following

question 24

Multiple Choice

Cuda Corporation makes a product that uses a material with the following standards: The company budgeted for production of 3,500 units in November, but actual production was 3,300 units. The company used 23,050 pounds of direct material to produce this output. The company purchased 26,000 pounds of the direct material at a total cost of $158,600. The direct materials purchases variance is computed when the materials are purchased.
-The materials quantity variance for November is:

• A)$9,600 U
• B)$9,760 U
• C)$9,760 F
• D)$9,600 F

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Definitions:

Theory X View

A management assumption that employees are inherently lazy and will avoid work if they can, believing that they must be closely supervised and coerced to achieve productivity.

Contingency Approach

A management theory that suggests the best way to manage an organization depends on the specific circumstances and variables present.

Situational Management

Situational management is an adaptive leadership approach that advocates for adjusting management style and strategies based on the specific circumstances and needs of the situation.

McGregor

Douglas McGregor developed the Theory X and Theory Y concept, representing two opposing perceptions of employee motivation and behavior.