Distinguish between a favorable variance and an unfavorable variance?
Question:
Distinguish between a favorable variance and an unfavorable variance?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 81% (11 reviews)
A favorable variancedenoted Fis a variance that ha...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Cost Accounting A Managerial Emphasis
ISBN: 978-0136126638
13th Edition
Authors: Charles T. Horngren, Srikant M.Dater, George Foster, Madhav
Question Posted:
Students also viewed these Cost Accounting questions
-
Distinguish between favorable and unfavorable cost (and revenue) variances.
-
Favorable business conditions may bring about certain seemingly unfavorable ratios, and unfavorable business operations may result in apparently favorable ratios. For example, Grochoske Company...
-
Favorable business conditions may bring about certain seemingly unfavorable ratios, and unfavorable business operations may result in apparently favorable ratios. For example, Sanchez Company...
-
How many vector::push_back() operations are performed between lines 8 and 13 when this code is executed? The size of the input is the number of elements n in the vector v. Replace the question marks...
-
(a) If a thin liquid film floating on water has an index of refraction less than that of water, will the film appear bright or dark in reflected light as its thickness goes to zero? (b) Choose the...
-
For each question, indicate whether it is best assessed by using a confidence interval, a hypothesis test, or whether statistical inference is not relevant to answer it. If inference is not relevant,...
-
Boyles law If you have taken a chemistry or physics class, then you are probably familiar with Boyles law: for gas in a confined space kept at a constant temperature, pressure times volume is a...
-
Recording transactions in T-accounts and preparing a balance sheet Veronica Regaldo creates a new business in Mexico on January 1, 2008, to operate a retail store. Transactions of Regaldo Department...
-
q2 chapter 5 The assembly division of Fenton Watches, Inc. uses the weighted average method of process costing. Consider the following data for May 2020: (Click the icon to view the data.) (Click the...
-
As part of Dubai Development Plan, Roads and Transport Authority (RTA) plans to connect malls and recreational places through public transport. It has identified 10 such places whose locations are...
-
What are two possible sources of information a company might use to compute the budgeted amount in variance analysis?
-
What is the key difference between a static budget and a flexible budget?
-
How might the use of Twitter and other social media be influencing the viewing habits of the American audience? To understand the audience for TV shows, TV ratings giant Nielsen relies on electronic...
-
Companies that engage international business do so in pursuit of a broad range of goals. Nonetheless, the text identifies key drivers, noting that the typical company expands operations...
-
How do lifestyle changes, such as urbanization or an aging population, affect consumer needs and preferences in our industry?
-
Verify that the following general thermodynamic property relationships are valid for the specific case of an ideal gas: (a) T = au (b) P = -9) av
-
Performance management systems that do not make true contribution to the organizational goals are not true performance management systems. List and describe at least five contributions a good...
-
How do cognitive biases, such as confirmation bias and anchoring, influence strategic decision-making processes at the executive level, and what measures can be implemented to mitigate their impact ?
-
When you are a member of a team, do you adopt a task specialist or socioemotional role? Which role is more important for a teams effectiveness? Discuss. LO.1
-
The figure shows six containers, each of which is filled from the top. Assume that water is poured into the containers at a constant rate and each container is filled in 10 seconds. Assume also that...
-
Closely examine Figure 18.3. Which image best represents the amount of OH- added to the buffer in part (b) of the figure? a. b. C.
-
Consider the following account balances (in thousands) for the Canseco Company: Required 1. Prepare a schedule of cost of goods manufactured for 2019. 2. Revenues in 2019 were $300 million. Prepare...
-
Hofstra Plastics lnc.'s selected data for the month of August 2019 are presented below (in millions): Work-in-process inventory, August 1, 2019 S 200 Direct materials inventory, August 1, 2019 90...
-
The Powell Corporation has the following account balances (in millions}: Required Prepare a statement of comprehensive income and a supporting schedule of cost of goods manufactured for the year...
-
Your company BMG Inc. has to liquidate some equipment that is being replaced. The originally cost of the equipment is $120,000. The firm has deprecated 65% of the original cost. The salvage value of...
-
1. What are the steps that the company has to do in time of merger transaction? And What are the obstacle that may lead to merger failure? 2.What are the Exceptions to not to consolidate the...
-
Problem 12-22 Net Present Value Analysis [LO12-2] The Sweetwater Candy Company would like to buy a new machine that would automatically "dip" chocolates. The dipping operation currently is done...
Study smarter with the SolutionInn App