How do budgeting, standard, and benchmark costing differ? LO1
Question:
How do budgeting, standard, and benchmark costing differ?
LO1
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (QA)
Answered By
JAPHETH KOGEI
Hi there. I'm here to assist you to score the highest marks on your assignments and homework. My areas of specialisation are:
Auditing, Financial Accounting, Macroeconomics, Monetary-economics, Business-administration, Advanced-accounting, Corporate Finance, Professional-accounting-ethics, Corporate governance, Financial-risk-analysis, Financial-budgeting, Corporate-social-responsibility, Statistics, Business management, logic, Critical thinking,
So, I look forward to helping you solve your academic problem.
I enjoy teaching and tutoring university and high school students. During my free time, I also read books on motivation, leadership, comedy, emotional intelligence, critical thinking, nature, human nature, innovation, persuasion, performance, negotiations, goals, power, time management, wealth, debates, sales, and finance. Additionally, I am a panellist on an FM radio program on Sunday mornings where we discuss current affairs.
I travel three times a year either to the USA, Europe and around Africa.
As a university student in the USA, I enjoyed interacting with people from different cultures and ethnic groups. Together with friends, we travelled widely in the USA and in Europe (UK, France, Denmark, Germany, Turkey, etc).
So, I look forward to tutoring you. I believe that it will be exciting to meet them.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Cost Accounting A Managerial Emphasis
ISBN: 9780135004937
5th Canadian Edition
Authors: Charles T. Horngren, Foster George, Srikand M. Datar, Maureen P. Gowing
Question Posted:
Students also viewed these Business questions
-
give a brief summary of the article, and then your application of the article to a business setting. It should be 2 pages on each article, do not use outside sources, use APA reference when you refer...
-
Stand Alone Project all the information is attached in word format. Stand-Alone Project: Case Study in Managerial Accounting You should begin working on the Stand-Alone Project early in the course....
-
Stand Alone Project all the information is attached in word format. Stand-Alone Project: Case Study in Managerial Accounting You should begin working on the Stand-Alone Project early in the course....
-
Compare and contrast megaloblastic anemia caused by vitamin B12 deficiency and that caused by folic acid deficiency. (10)
-
Professor Bong has just written the first textbook in Punk Economics. It is called Up Your Isoquant. Market research suggests that the demand curve for this book will be Q = 2, 000 100P, where P is...
-
Question#2 .AssumeChickenhaveaninelasticdemand,andBeefhaveanelasticdemand.Supposethetechnologicaladvancedoublesthesupplyofbothproducts:(Hintusegraphs)....
-
Mega Builders plc (Mega), a civil engineering contractor, has been invited to tender for a major contract. Work on the contract must start in January 20X6 and be completed by 31 December 20X7. The...
-
The Shank Corporation issued $1,500,000 of 10% convertible bonds for $1,620,000 on March 1, 2006. The bonds are dated March 1, 2006, pay interest semiannually on August 31 and February 28, and the...
-
Presented below is the adjusted trial balance of Metlock, Inc. at December 31, 2025: Prepare a properly formatted classified balance sticet at December 31,2025, for Metlock Inc. (List current assets...
-
Why is there never a sales-volume variance arising from fixed overhead spending variances? LO1
-
Describe the difference in planning the pro forma fixed and variable overhead cost rates. LO1
-
Describe how diminishing marginal utility is related to price elasticity of demand.
-
Give an example of a program that will cause a branch penalty in the three-segment pipeline of Sec. 9-5. Example: Three-Segment Instruction Pipeline A typical set of instructions for a RISC processor...
-
Are Google, Microsoft, and Apple acting ethically? Are they being socially responsible? Eager to benefit from the economic growth and the job creation that foreign direct investments generate, many...
-
On May 1, 2011, Lenny's Sandwich Shop loaned \$20,000 to Joe Lopez for one year at 6 percent interest. Required Answer the following questions: a. What is Lenny's interest income for 2011? b. What is...
-
Tipton Corporations balance sheet indicates that the company has \($300,000\) invested in operating as sets. During 2006, Tipton earned operating income of \($45,000\) on \($600,000\) of sales....
-
Norton Car Wash Co. is considering the purchase of a new facility. It would allow Norton to increase its net income by \($90,000\) per year. Other information about this proposed project follows:...
-
Meier Manufacturing carries no inventories. Its product is manufactured only when a customers order is received. It is then shipped immediately after it is made. For its fiscal year ended October 31,...
-
Evenflow Power Co. is considering a new project that is a little riskier than the current operations of the company. Thus, management has decided to add an additional 1.5% to the company's overall...
-
The following amounts were reported on the December 31, 2022, balance sheet: Cash $ 8,000 Land 20,000 Accounts payable 15,000 Bonds payable 120,000 Merchandise inventory 30,000 Retained earnings...
-
Sandhill Co. issued $ 600,000, 10-year, 8% bonds at 105. 1.Prepare the journal entry to record the sale of these bonds on January 1, 2017. (Credit account titles are automatically indented when the...
-
Based on the regression output (below), would you purchase this actively managed fund with a fee of 45bps ? Answer yes or no and one sentence to explain why.
![Mobile App Logo](https://dsd5zvtm8ll6.cloudfront.net/includes/images/mobile/finalLogo.png)
Study smarter with the SolutionInn App