Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 02, 2024

respond with 175 word Are favorable variances always good thing? Are unfavorable variances always bad? Why? Provide examples

image text in transcribed

respond with 175 word

Are favorable variances always good thing? Are unfavorable variances always bad? Why? Provide examples

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Auditing Outsourced Functions Risk Management In An Outsourced World

Authors: Mark Salamasick

1st Edition

0894137255, 9780894137259

More Books

Students also viewed these Accounting questions

Question

★★★★★

A disk of 0.15-m radius rotates at the constant rate 2 with respect to plate BC, which itself rotates at the constant rate 1 about the y axis. Knowing that 1 = 2= determine, for the position shown,...

Answered: 1 week ago

Question

★★★★★

According to this article Cairn Energy plc has had to change its accounting policies in order to comply with IFRIC (International Financial Reporting Interpretations Committee) requirements....

Answered: 1 week ago

Question

★★★★★

9. How do external and internal assets determine youth sport outcomes such as competence, character, connection, confidence, and compassion? What can be done to facilitate positive youth sport...

Answered: 1 week ago

Question

★★★★★

On January 6, Aaron Co. sells merchandise on account to Foley Inc. for $9,200, terms 1/10, n/30. On January 16, Foley pays the amount due. Instructions Prepare the entries on Aaron Co.s books to...

Answered: 1 week ago

Question

★★★★★

A customer has requested that Inga Corporation fill a special order for 3,500 units of product K81 for $30 a unit. While the product would be modified slightly for the special order, product K81's...

Answered: 1 week ago

Question

★★★★★

On October 1 , Qilan Ltd . purchased 7 % bonds with a face value of $ 1 , 0 0 0 for trading purposes, accounting for the investment at FV - NI . The bonds were priced at 1 . 0 4 4 to yield Qilan 6 %...

Answered: 1 week ago

Question

★★★★★

Need answer to part 2 Unit & Lab Quiz E Question 5 of 12 (1 point) | Question Attempt: 1 of 1 Time Remaining: 1:21:14 Alexandra V Mail Delivery A local postal carrier distributes first-class letters,...

Answered: 1 week ago

Question

★★★★★

Contact (by phone, email or in person), an independently owned (not a chain-affiliated) restaurant or food-service operation that you would like to learn about. Ask permission to interview the owner,...

Answered: 1 week ago

Question

★★★★★

(b) An adiabatic steam turbine operates at steady conditions with inlet steam at 500C and 2 MPa. The outlet state is at 10 kPa and quality, x=0.95. i) Determine the quality of the steam at the outlet...

Answered: 1 week ago

Question

★★★★★

Consider the following time series data. Quarter 1 2 3 4 (ii) (a) Choose the correct time series plot. (i) 10 9 A 7 6 Time Series Values 12 Time Series Values VYMANO 12 11 10 9 8 7 6 Year 1 5 1 5432...

Answered: 1 week ago

Question

★★★★★

Cash Flow and Capital Budgeting Aus Car Execs (ACE) is set up as a sole trader and is analysing whether to enter the discount used rental car market. This project would involve the purchase of 100...

Answered: 1 week ago

Question

★★★★★

6. Assume you are in charge of establishing a training program for supervisors in administering discipline. Based on the supervisors potential role in the disciplinary process, formulate and discuss...

Answered: 1 week ago

Question

★★★★★

1. Wrongful Discharge. A reference is made in this chapter to a RAND study on the economic consequences of wrongful termination. Find an abstract of the study on RANDs Web site. What effect does the...

Answered: 1 week ago

Question

★★★★★

4. Seven Tests for Just Cause. A common test for determining whether just cause exists for imposing disciplinary actions was developed by arbitrator Carroll Daugherty in 1966. The standard is known...

Answered: 1 week ago

Previous Question Next Question