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Pohl Corporation uses a standard cost system in which manufacturing overhead is applied on the basis of standard machine-hours. For June, the company's manufacturing overhead flexible budget showed the following total budgeted costs at a denominator activity level of 20,000 machine-hours:
During June, 17,000 machine-hours were used to complete 13,000 units of product, and the following actual total overhead costs were incurred:
At standard, each unit of finished product requires 1.4 hours of machine time.
-The total predetermined overhead rate per machine-hour for June was:
Performance Matching
Refers to the process of aligning an individual's capabilities and skills with the requirements of a specific task or job role.
Cognitive Goal Setting
The process of establishing clear, specific, and challenging cognitive objectives aimed at enhancing individual or group performance.
Divergent Thinking
A thought process or method used to generate creative ideas by exploring many possible solutions and approaches.
Social Loafing
The tendency of individuals to exert less effort when working in a group compared to when they work alone.
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