Describe some externalities created by standard cost variances.
Question:
Describe some externalities created by standard cost variances.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (2 reviews)
The purchasing department can impose costs on m...View the full answer
Answered By
Somshukla Chakraborty
I have a teaching experience of more than 4 years by now in diverse subjects like History,Geography,Political Science,Sociology,Business Enterprise,Economics,Environmental Management etc.I teach students from classes 9-12 and undergraduate students.I boards I handle are IB,IGCSE, state boards,ICSE, CBSE.I am passionate about teaching.Full satisfaction of the students is my main goal.
I have completed my graduation and master's in history from Jadavpur University Kolkata,India in 2012 and I have completed my B.Ed from the same University in 2013. I have taught in a reputed school of Kolkata (subjects-History,Geography,Civics,Political Science) from 2014-2016.I worked as a guest lecturer of history in a college of Kolkata for 2 years teaching students of 1st ,2nd and 3rd year. I taught Ancient and Modern Indian history there.I have taught in another school in Mohali,Punjab teaching students from classes 9-12.Presently I am working as an online tutor with concept tutors,Bangalore,India(Carve Niche Pvt.Ltd.) for the last 1year and also have been appointed as an online history tutor by Course Hero(California,U.S) and Vidyalai.com(Chennai,India).
4.00+
2+ Reviews
10+ Question Solved
Related Book For
Accounting For Decision Making And Control
ISBN: 9780078136726
7th Edition
Authors: Jerold Zimmerman
Question Posted:
Students also viewed these Business questions
-
Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
-
In a Hopfield neural network configured as an associative memory, with all of its weights trained and fixed, what three possible behaviours may occur over time in configuration space as the net...
-
In this question you will be asked to reflect on a project you have been involved in or observed, in which a design evolved, or could have evolved, through applying a theory of user behaviour. You...
-
Why do joints tend to be evenly spaced rather than clustered?
-
What does intrusion detection software do? What are some of the issues with the use of this software?
-
Pretzelmania, Inc., issues 7%, 15-year bonds with a face amount of $70,000 for $63,948 on January 1, 2021. The market interest rate for bonds of similar risk and maturity is 8%. Interest is paid...
-
Go to a job posting website and search for sales jobs in your area. Explore the different sales jobs available. What kind of experience and level of education are preferred? What type of compensation...
-
Consider the following transactions of Moore Software: Mar. 31 Recorded cash sales of $170,000, plus sales tax of 5% collected for the state of new Jersey. Apr. 6 Sent March sales tax to the state....
-
A bond is issued for $100,000,000 for 25 years, amortizing quarterly . It was issued at par with a yield of 5% (at inception the coupon was also 5%). 18 years have gone by. At 18 years, the coupon...
-
Why are variances usually written off to cost of goods sold?
-
Describe how price variances create incentives to build inventories.
-
Evaluate each of these five initiatives for the benefits they offer to the recipients. Are they truly beneficial?
-
Business Solutions's second-quarter 2022 fixed budget performance report for its computer furniture operations follows. The $175,750 budgeted expenses include $126,000 in variable expenses for desks...
-
Problem 2 (Numerical Integration) Using switch Statement and functions, write a single code to compute the following integral. 0 10 x +4 dx case 1: RECTANGULAR () // Rectangular rule case 2:...
-
Do you believe the elasticity of illicit narcotics is inelastic and if legalized demand will not increase? Do you also believe that many of society's social ills associated with drugs will ease not...
-
Stockstone Limited makes electric kettles that they currently sell at 13 each. The management believes that the company's equipment could currently produce up to 70,000 units of electric kettles per...
-
Jane Smith has worked for the Widgets, Weezles, and Warblers Corporation for the past 25 years. At a recent "Town Hall" meeting, Jane asked two members of the executive leadership team about their...
-
Alternating-current motors are often designed to run at a constant speed, typically either 1750 or 3500 rpm. One such motor for a power tool weighs 20 lb and is to be mounted at the end of a steel...
-
If a process has a six-sigma capability, what is the process capability index? a. 1 b. 2 c. 6 d. 12
-
It is frequently argued that for empowerment to work, managers must let go of control and learn to live with decisions that are made by their subordinates. Evaluate this argument.
-
Sue Koehler manages a revenue center of a large national manufacturer that sells office furniture to local businesses in Detroit. She has decision rights over pricing. Her compensation is a fixed...
-
Faculty members at a leading business school receive a budget to cover research expenditures, soft-ware and hardware purchases, travel expenses, photocopying for classroom use, and so forth. The...
-
Docs Auto Body has budgeted the costs of the following repair time and parts activities for 2009: Doc's budgets 6,000 hours of repair time in 2009. A profit margin of $7 per labour hour will be added...
-
QUESTION 28 In a perpetual inventory system, the cost of inventory sold is: Debited to accounts receivable. Debited to cost of goods sold. O Not recorded at the time goods are sold. O Credited to...
-
The following financial statements and additional information are reported. IKIBAN INC. Comparative Balance Sheets June 30, 2019 and 2018 2019 2018 $105,709 69,500 66,800 4,700 246,700 127,eee...
Study smarter with the SolutionInn App