Question: ProNet Systems' managers could set direct labor standards based on: a. Past actual performance b. Continuous improvement c. Benchmarking d. Time-and-motion studies e. Any of

ProNet Systems' managers could set direct labor standards based on:

a. Past actual performance

b. Continuous improvement

c. Benchmarking

d. Time-and-motion studies

e. Any of the above

ProNet Systems is a start-up company that makes connectors for high-speed Internet connections. The company has budgeted variable costs of $\$ 130$ for each connector and fixed costs of $\$ 8,000$ per month.

ProNet's static budget predicted production and sales of 100 connectors in August, but the company actually produced and sold only 75 connectors at a total cost of $\$ 23,000$.

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