Lotson Corporation Bases Its Budgets on Machine-Hours

question 284

Multiple Choice

Lotson Corporation bases its budgets on machine-hours. The company's static planning budget for May appears below: Actual results for the month were:
-The spending variance for supplies costs in the flexible budget performance report for the month should be:

• A)$600 U
• B)$600 F
• C)$270 F
• D)$270 U

Understand the purpose and guidelines for making effective claims or requests for adjustments.

Recognize and apply the proper format and tone in routine messages and positive communications.

Identify the importance of providing clear, complete, and specific explanations in business communication.

Learn how to craft positive opening and closing statements in business messages.

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Definitions:

Sensorimotor Period

The first stage in Jean Piaget's theory of cognitive development, occurring from birth to about age 2, where infants learn through sensory experiences and manipulating objects.

Decentering

A cognitive ability to consider multiple aspects of a situation or adopt another person's perspective, vital in developing empathy and solving problems effectively.

Preoperational

A developmental stage in Jean Piaget's theory, characterized by symbolic thought and egocentrism, typically from ages 2 to 7.

Concrete Operational

A stage in Piaget's theory of cognitive development where children aged 7-12 years develop logical thinking but still struggle with abstract concepts.