Under what circumstances would you expect the volume variance to be favorable? Unfavorable? Does the variance measure
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 54% (11 reviews)
The volume variance is favorable when the activity level for a period at stan...View the full answer
Answered By
PALASH JHANWAR
I am a Chartered Accountant with AIR 45 in CA - IPCC. I am a Merit Holder ( B.Com ). The following is my educational details.
PLEASE ACCESS MY RESUME FROM THE FOLLOWING LINK: https://drive.google.com/file/d/1hYR1uch-ff6MRC_cDB07K6VqY9kQ3SFL/view?usp=sharing
3.80+
3+ Reviews
10+ Question Solved
Related Book For
Managerial Accounting
ISBN: 9780073526706
12th Edition
Authors: Ray H. Garrison, Eric W. Noreen, Peter C. Brewer
Question Posted:
Students also viewed these Managerial Accounting questions
-
Under what circumstances would you expect the after-tax return from an investment in a capital asset to approach that of tax-exempt assets assuming equal before-tax rates of return?
-
Under what circumstances would you agree with someone who said that alliances are very risky?
-
Under what circumstances would you expect income to be a better predictor of consumer behavior than a composite measure of social class (e.g., based on income, education, and occupation)? When would...
-
How could sales force automation affect salesperson productivity, marketing management, and competitive advantage?
-
Write journals to correct the following errors. These errors are not suspense account errors. 1. 150 sales invoice posted to the credit customer, D. Brown's account - should have been posted to the...
-
An electron is launched into a region of constant electric field, \(\vec{E}=2 \times 10^{4} \mathrm{~N} / \mathrm{C}\) directed along the positive \(y\) axis of a rectangular coordinate system, with...
-
Use the regressors \(x_{2}\) (passing yardage), \(x_{7}\) (percentage of rushing plays), and \(x_{8}\) (opponents' yards rushing) for the National Football League data in Table B.1. a. Does the...
-
In general, how in your opinion did Netflix manage to put itself in the enviable position that it occupied at the outset of fiscal 2010? More specifically, how would you account for the suddenand...
-
Determine the measure of
-
Consider incompressible flow in the entrance of a circular tube, as in Fig. P3.53, the inlet flow is uniform, u1 = Uo. The flow at section 2 is developed pipe flow. Find the wall drag force F as a...
-
In a standard cost system, what two variances are computed for fixed manufacturing overhead?
-
What is the danger in expressing fixed costs on a per unit basis?
-
For each of the following cases use the information given to determine whether or not the equilibrium will favor products over reactants: (a) A reaction with K eq = 1.2 (b) A reaction with K eq = 0.2...
-
Differentiate between the following pairs of concepts: (a) Probability and non-probability sampling (10 marks) (b) Exploratory research and causal research (10 marks)
-
Here is a process I encourage you all to use. Start withexcel spreadsheet and work through total costcalculations. I am showing cost calculation for one combination. You can do the rest combinations...
-
Apply principles of management needed to work in teams, build cross-functional teams, and facilitate collaborative decision making. You have just been hired as a consultant to a health care...
-
You are the office manager for Dr. Jones. He comes to you with a new Cigna contract that he just received in the mail. He is not sure he will be able to increase the number of employees that he...
-
identify and discuss the primary strategic approach you took in the simulation and your logic for why. b. Did the priorities or tactics change as the simulation went along? If so, how and why? If...
-
In 2008, Portugal Telecom changed the accounting policy regarding the measurement of real estate properties and the ducts infrastructure from the cost model to the revaluation model, since the latter...
-
Suppose you need to answer any four of seven essay questions on a history test and you can answer them in any order. a. How many different question combinations are possible? b. What is the...
-
Calculate the normal boiling point of methanol (CH 3 OH). Use the thermodynamic data in Appendix G. Compare your answer with the experimentally measured boiling point. Aassume that H and S do not...
-
What problem arises when cost driver rates are based on planned or actual short-term usage?
-
Why are predetermined cost driver rates used when recording job costs?
-
Use of a single cost driver rate when an indirect cost pool includes costs that have different cost drivers (causes of costs) leads to distortions in job costs. Do you agree with this statement?...
-
There are peer effects, but they differ for the two individuals, u_{1} = x_{1} - x_{1} ^ 2 + beta_{1}*x_{1}*x_{2} with B_{1} = 1 U_{2} = O - x_{2} ^ 2 + beta_{2}*x_{1}*x_{2} with B_{2} = 0 1) Find...
-
How do emerging technologies, such as AI and data analytics, impact the evolution of performance management practices ?
-
The controller for Rainbow Children's Hospital, located in Munich, Germany, estimates that the hospital uses 38 kilowatt-hours of electricity per patient-day, and that the electric rate will be 0.26...
Study smarter with the SolutionInn App