If the Volume of Output of a Factory for the Month

question 1

Multiple Choice

If the volume of output of a factory for the month of June is 50,000 units,while the budgeted output was 40,000 units:

• A)Comparison of budgeted results and actual results will be misleading unless the company uses a flexible budget.
• B)Actual fixed costs per unit may be expected to exceed budgeted levels.
• C)Actual cost per unit will be higher than standard cost per unit.
• D)Both total production costs and unit production costs should be approximately 25% above budgeted levels.

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Definitions:

Civil Disobedience

The act of deliberately refusing to obey certain laws, demands, or commands of a government or occupying power, without resorting to physical violence.

Moral Development

The process by which individuals acquire values, attitudes, and behaviors considered appropriate by their culture or society.

Formal-Operational Thinking

The stage of cognitive development, typically emerging in adolescence, where individuals gain the ability to think abstractly and logically.

Postconventional Level

The highest stage in Kohlberg's theory of moral development, where individuals base their moral decisions on universal ethical principles and internal beliefs rather than on societal norms or authority figures.