What two factors must be considered when breaking down a variance into its components? Explain.
Question:
What two factors must be considered when breaking down a variance into its components?
Explain.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 64% (14 reviews)
The cost accountant must consider usage and price ...View the full answer
Answered By
Gabriela Rosalía Castro
I have worked with very different types of students, from little kids to bussines men and women. I have thaught at universities, schools, but mostly in private sessions for specialized purpuses. Sometimes I tutored kids that needed help with their classes at school, some others were high school or college students that needed to prepare for an exam to study abroud. Currently I'm teaching bussiness English for people in bussiness positions that want to improve their skills, and preparing and ex-student to pass a standarized test to study in the UK.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Managerial Accounting questions
-
What two factors must be considered in deciding the point at which revenues and gains should be recognized? At what point in the revenue cycle are these conditions usually met?
-
What factors must be considered when a contractor develops the proposal price? Why is this not an easy task?
-
What environmental factors must be considered in analyzing companies?
-
On January 1, 2020, Dole, Inc., declared a 15% stock dividend on its common stock when the market value of the common stock was $20 per share. The date of record is January 30, 2020, and the...
-
Quinlan Corporation purchased a computer system (accounted for as Office Equipment) for $60,000 on January 1, 2015. It was depreciated based on a seven-year life and an $18,000 residual value. On...
-
A parallel plate capacitor is connected to a battery. The space between the plates is filled with air. The electric field strength between the plates is 20.0 V/m. Then, with the battery still...
-
DeMond Chemicals has the following balances at December 31, 2006. All amounts are in millions: The cost of goods completed was $420 (in millions). The cost of direct materials requisitioned for...
-
Briefly describe some of the similarities and differences between GAAP and IFRS with respect to the accounting for inventories.
-
30.0cm hydrochloric acid of concentration 6.4 dm neutralized 25.0cm of an unknown alkali XOH, whose concentration was 4.85 g dm. Calculate (a) the molar concentration of XOH, (b) the relative atomic...
-
A certain car gets 25 miles per gallon when the tires are properly inflated. For every pound of pressure that the tires are underinflated, the gas mileage decreases by 12 mile per gallon. Find the...
-
When a company uses a standard cost system, are the inventory accountsFinished Goods, Work in Process, and Materials valued at actual cost or standard cost?
-
What might cause the following materials variances? a. An un-favorable materials price variance. b. A favorable materials price variance. c. An unfavorable materials quantity variance. d. A favorable...
-
Using a slingshot, the boy fires the 0.2-lb marble at the concrete wall, striking it at B. If the coefficient of restitution between the marble and the wall is e = 0.5, determine the speed of the...
-
Suppose you have the following information for a project. Year Before-Tax Income After-Tax Cash Flows Taxes Cash Flows 0 1 2 345 -1000 500 340 244 100 100 -72 -33.6 -10.56 24 24 Calculate the present...
-
Pros and cons of free trade agreements, What are the reason about job losses due to free trade agreements? How can free trade agreements affect differences in human rights between countries? Are...
-
Discuss in detail the nuanced tax implications associated with the liquidation of a business entity, exploring the intricate distinctions in the treatment of proceeds as dividends or capital gains....
-
The CEO of Dynica Software Solutions Company has just announced that you are the new River Woods plant manager. You have been with the Dynica for 3.5 years as Vice President of Product Design &...
-
Kinston Industries is considering investing in a machine that willcost $125,000 and will last for three years. The machine will increase revenuesby $120,000 each year. The cost of goods sold willbe...
-
One \(\mathrm{kg}\) of steam at 10 bar exists at \(200^{\circ} \mathrm{C}\) Calculate the enthalpy, specific volume, density internal energy and entropy. Take \(c_{p s}=2.1 \mathrm{~kJ} /...
-
Assume a simple Keynesian depression economy with a multiplier of 4 and an initial equilibrium income of $3,000. Saving and investment equal $400, and assume full employment income is $4,000. a. What...
-
The FOMC announced that it judges a 2 percent inflation rate to be consistent with the Feds statutory mandate. The committee did not think it appropriate to specify a fixed goal for employment....
-
The following data were taken from the general ledgers and other sources of Gamma Manufacturing Inc. and Epsilon Merchandising Co. on April 30 of the current year: Merchandise inventory, April...
-
The following data were taken from the general ledgers and other sources of Clark Manufacturing Inc. and Samuel Merchandising Co. on September 30 of the current year: Merchandise inventory, September...
-
The adjusted trial balance for Rochester Electronics, Inc. on November 30, the end of its first month of operation, is as follows: The general ledger reveals the following additional data: a. There...
-
31 BT E R ole]1i 1o 2111Trial balancev For the Quarter Ended May 31, 2022For the Year Ended May 31, 2022May 31, 2022 Totals $ $ Current Attempt in Progress Julia Dumars is a licensed CPA. During the...
-
Chief Customer Officer Jayden Hayden has asked sales analyst Paige Sage to analyze the company's Western Kentucky district. Paige intends to calculate ROAM for the district. She has compiled the...
-
Which of the following statements is correct?If the demand curve for a firm's stock is relatively flat, the firm will have a more difficult time raising alarge amount of new equity funds for...
Study smarter with the SolutionInn App