A firm comparing the actual variable costs of producing 10,000 units with the total variable costs of
Question:
A firm comparing the actual variable costs of producing 10,000 units with the total variable costs of a static budget based on 9,000 units would probably see
a. no variances.
b. small favorable variances.
c. small unfavorable variances.
d. large favorable variances.
e. large unfavorable variances.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 78% (14 reviews)
c small unfavorable variances The a...View the full answer
Answered By
Marvine Ekina
Marvine Ekina
Dedicated and experienced Academic Tutor with a proven track record for helping students to improve their academic performance. Adept at evaluating students and creating learning plans based on their strengths and weaknesses. Bringing forth a devotion to education and helping others to achieve their academic and life goals.
PERSONAL INFORMATION
Address: , ,
Nationality:
Driving License:
Hobbies: reading
SKILLS
????? Problem Solving Skills
????? Predictive Modeling
????? Customer Service Skills
????? Creative Problem Solving Skills
????? Strong Analytical Skills
????? Project Management Skills
????? Multitasking Skills
????? Leadership Skills
????? Curriculum Development
????? Excellent Communication Skills
????? SAT Prep
????? Knowledge of Educational Philosophies
????? Informal and Formal Assessments
0.00
0 Reviews
10+ Question Solved
Related Book For
Cornerstones of Managerial Accounting
ISBN: 978-0324660135
3rd Edition
Authors: Mowen, Hansen, Heitger
Question Posted:
Students also viewed these Business questions
-
Variable costs of producing widgets account for the cost of gas required to deliver the widgets to retailers. A widget producer finds the average cost of gas per widget. The expense equation was...
-
The reason we use the words favorable and unfavorable when evaluating variances is made clear when we look at the closing of accounts. To see this, consider that (1) All variance accounts are closed...
-
A company's unit costs based on 100,000 units are: Variable costs $75 Fixed costs 30. The normal unit sales price per unit is $165. A special order from a foreign company has been received for 5,000...
-
Consider the nutrition problem in Example 1 of Section 3.3. Solve the problem by the simplex method, and then determine the optimal quantities of soybeans and rice in the diet, and the new cost, if...
-
Tim Donut Ltd. was founded by Tim Horton, a professional hockey player, in 1964. Ron Joyce, the companys first franchisee, became an equal partner with Horton in 1966. Tim Horton died in 1974 and his...
-
Interview a human resource manager at a local company. Select a position for which the firm is currently recruiting applicants and identify the steps in the selection process. Do the steps match...
-
On May 27, 2009, U.S. Senator Lamar Alexander proposed to build 100 new nuclear power plants in 20 years "for a rebirth of industrial America while we figure out renewable electricity." In his talk,...
-
Singleton Supplies Corporation (SSC) manufactures medical products for hospitals, clinics, and nursing homes. SSC may introduce a new type of X-ray scanner designed to identify certain types of...
-
In an (s,Q) inventory system, the demand is normally distributed with mean of 4000 units per year and a variance of 90,000 (unit)^2. Every time an order is placed a cost of $50 is paid. The carrying...
-
If Earth were not spinning, in what direction would the surface winds blow where you live? In what direction do surface winds blow on Earth at 15 S latitude, and why?
-
To help assess performance, managers should use a. a static budget. b. a master budget. c. an after-the-fact flexible budget. d. a before-the-fact flexible budget. e. none of the above.
-
The total variable overhead variance is the difference between a. the budgeted variable overhead and the actual variable overhead. b. the actual variable overhead and the applied variable overhead....
-
Why is it important to conduct a thorough fraud investigation when fraud is suspected?
-
Webex Inc wil pay a dividend of $1.00 at the end of this year. Thereafter, dividends will grow at the rate of 25% per year for 2 years, and then drop to 18% for 1 year, before settling at a growth...
-
Angela's bank gave her a 4-year add-on interest loan for $6,070 to pay for new equipment for her antiques restoration business. The annual interest rate is 12.69%. How much interest will she pay?...
-
Complete the following code based on the instructions that are in the comments in the code: #include #define SIZE 10 main () { int x[SIZE]={10, 20, 25, 30, 40, 50, 70, 44, 23, 11}; printf("Count...
-
If a stock went down from $24.50 to $23.80 last week, and the S&P500 (representing the market) went from 1,951 to 1,932 last week, what would be the implied beta for the stock (if this is the only...
-
McCue Inc.'s bonds currently sell for $1,245. They pay a $80 annual coupon, have a 7-year maturity, and a $1,000 par value, but they can be called in 4 years at $1,080. Assume that no costs other...
-
Show that if E is an elementary matrix then ET is an elementary matrix of the same type as E.
-
From 1970 to 1990, Sri Lanka's population grew by approximately 2.2 million persons every five years. The population in 1970 was 12.2 million people.What is the best formula for P, Sri Lanka's...
-
Giovanni Company produces a product that requires five standard hours per unit at a standard hourly rate of $ 30 per hour. If 3,500 units required 17,700 hours at an hourly rate of $ 30.50 per hour,...
-
Dvorak Company produces a product that requires three standard hours per unit at a standard hourly rate of $ 17 per hour. If 1,000 units required 2,800 hours at an hourly rate of $ 16.50 per hour,...
-
Dvorak Company produces a product that requires three standard hours per unit at a standard hourly rate of $ 17 per hour. If 1,000 units required 2,800 hours at an hourly rate of $ 16.50 per hour,...
-
3. Show that : -3t = y 3 sin(t) cos(t) + e is a solution to the differential equation y' + 3 y 10 sin(t)
-
The United States, Austrailia, Canada, and the United Kingdom cluster high on individualism but low on power distance on Hofstede\'s cutlutral graph. What does this mean to someone looking to market...
-
Mini-garden project Week one of the mini-garden project involved Sacha and her fellow pre-schoolers planting sunflower seeds into the outdoor garden bed. Each child in the activity has been assigned...
Study smarter with the SolutionInn App