List some of the possible causes of a favourable direct material quantity variance?
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (9 reviews)
A favourable direct material quantity variance arises when less direct material was us...View the full answer
Answered By
Midhun CK
Completed my highschool with 98 percentage and completed my bachelors in best college of state"Government engineering college thrissur".Graduated with proffesional degree in Electrical and electronics" and working as System engineer in TCS.Have tutored for Gate Examination
0.00
0 Reviews
10+ Question Solved
Related Book For
Management Accounting
ISBN: 9781760421144
7th Edition
Authors: Kim Langfield Smith, Helen Thorne, David Alan Smith, Ronald W. Hilton
Question Posted:
Students also viewed these Advanced Accounting questions
-
What are some of the possible causes of a sales volume variance?
-
Explain some of the possible causes of direct labor rate (price) and direct labor efficiency (quantity) variances. Who normally has responsibility for or influence over these variances?
-
(a) As John McCurdy, outline the initial approach that you will take in order to determine the reasons for the differences in the numbers. (b) List some of the obvious items that need resolution, and...
-
When working as a tax professional, one issue that often arises is the need to provide difficult or disappointing guidance to a client. In the following example, determine the best course of action....
-
Show a free energy versus reaction progress diagram for the following reaction: HCI+ NH3 CI + NH4
-
It is easier to measure the electrical resistivity of a metal than to measure its thermal conductivity. A new alloy has an electrical resistivity \(ho_{e}\) of \(55 \mu \Omega \mathrm{cm}\). Use the...
-
Water sloshes back and forth in a tank as shown in Fig. P7.10. The frequency of sloshing, \(\omega\), is assumed to be a function of the acceleration of gravity, \(g\), the average depth of the...
-
Amazons autobot recently recommended a book to one of us titled Quality Maintenance: Zero Defects through Equipment Management. The books description is Achieve zero-defect product quality by...
-
Contrast managerial accounting and financial accounting. Role of corporate governance in managerial accounting. Classification of costs by cost behavior. What is the distinction between direct and...
-
A teacher has given four tests to a class of five students and stored the results in the following matrix Discuss methods of matrix multiplication that the teacher can use to obtain the information...
-
Describe how a parcel delivery company might use standard costs?
-
What is the meaning of the direct labour rate variance? What are some possible causes?
-
The unfolding, or denaturation, of a biological macromolecule may be brought about by treatment with substances, called denaturants that disrupt the intermolecular interactions responsible for the...
-
Identify some video or audio advertisements that use one or more of the keys to persuasion (also known as the weapons of influence). Do you think they are effective? Why or why not?
-
What are two ways you can support Zian and his family's enrolment and orientation into the service forexample think about your communication with his family?
-
1:What is the name of error Mehta made while analyzing the case sequel to children's hospital? 2: What was the nature of the impression that Mehta was keen on establishing at IMT Nagpur? What were...
-
What are at least three ways the church can play a role in helping survivors work through guilt and develop resiliency?
-
Explain how media affects culture and society in four different ways. Describe at least two positive and two negative consequences of technology that influence society. Since the introduction of the...
-
In an annual audit of Solaro Company Limited, you find that a physical inventory count on December 31, 2020, showed merchandise of $441,000. You also discover that the following items were excluded...
-
Can partitioned join be used for r r.A s? Explain your answer
-
Beckman Company manufactures staplers. At the beginning of November, the following information was supplied by its accountant: Direct materials inventory ........$48,500 Work in process inventory...
-
Photo-Dive, Inc., manufactures disposable underwater cameras. During the last calendar year, a total of 270,000 cameras were made, and 274,000 were sold for $8 each. The actual unit cost per camera...
-
Thomson Company, a manufacturing firm, has supplied the following information from its accounting records for the last calendar year: Direct labor cost .................$371,500 Purchases of direct...
-
E3-20 (Algo) Analyzing, Recording, and Evaluating the Effects of Income Statement Transactions [LO 3-3, LO 3-4, LO 3-5] [The following information applies to the questions displayed below.] MyBnB...
-
Required information [The following information applies to the questions displayed below.] The following data reports on the July production activities of the Molding department at Ash Company....
-
Question 1 Vieux Enterprise's total overhead costs at various levels of activity follow: Month Machine- Hours Total Overhead Costs April 70,000 $198,000 May 100,000 270,000 June 80,000 222,000 July...
Study smarter with the SolutionInn App