In a Survey,completed by Monsanto,it Was Found That Attrition of Employees

question 2

Multiple Choice

In a survey,completed by Monsanto,it was found that attrition of employees within the company who were women and people of color was due primarily to:

• A) Poor relations with supervisors and feeling that they were given work that would not lead anywhere
• B) Low pay and benefits
• C) Lack of affordable child care
• D) Harassment by fellow employees

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Definitions:

Direct Materials Cost Variance

The difference between the actual cost of direct materials used in production and the standard cost expected to be used.

Direct Labor Cost Variance

The difference between the budgeted cost of direct labor and the actual cost incurred.

Cost Variance

The difference between the expected (budgeted) cost and the actual cost incurred.

Actual Costs

The real, observed expenditures incurred as opposed to estimated or standard costs.