What are the two direct materials variances? What factors can affect each variance and who is generally
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 72% (11 reviews)
The two direct materials variances are the materials price v...View the full answer
Answered By
Benard Ndini Mwendwa
I am a graduate from Kenya. I managed to score one of the highest levels in my BS. I have experience in academic writing since I have been working as a freelancer in most of my time. I am willing to help other students attain better grades in their academic portfolio. Thank you.
4.90+
107+ Reviews
240+ Question Solved
Related Book For
Managerial Accounting
ISBN: 978-0078025518
2nd edition
Authors: Stacey Whitecotton, Robert Libby, Fred Phillips
Question Posted:
Students also viewed these Managerial Accounting questions
-
Who is generally responsible for the materials price variance? The materials quantity variance? The labor efficiency variance?
-
What are the two direct labor variances? What factors can affect each variance and who is generally responsible for the variance?
-
What are the two factors that courts most often look at in deciding whether a contract is unconscionable?
-
Describe what happens if you put the double quotes in the print statement of HelloWorld.java on different lines, as in this code fragment: System.out.println("Hello, World");
-
(Requires mathematical statistics.) Showing (4.8). Suppose that n/N 0 as n, so that the fpc can be ignored. The central limit theorem tells us that under regularity conditions, Where L denotes...
-
Chacko corp is a distributor of exotic fruits and vegetables. At the beginning of the year they had a provision for doubtful accounts of $1,100,000. At the end of the year they determined that their...
-
Paula Phillips arrived back at her office at St. Paul Copy Machines around 4:00 on Tuesday afternoon. As she sat behind her desk looking dejected, her sales manager, Jeff Baker, showed up to ask how...
-
Identifying variable costs, committed fixed costs, and discretionary fixed costs Required: Classify each of the following costs for a jeans manufacturing company as a variable cost, committed fixed...
-
4. What is the net present value of the following stream of cash flows assuming the opportunity cost rate is 12%? Solve NPV using each cash flow and the NPV function in Excel (use basic PV/FV...
-
Three-phase lines, each with an impedance of 0.8 +13.0 22. deliver 112 kVA at a power factor of 0.9, lagging, and at 1 kV to a balanced three-phase load (a) Draw a per-phase schematic for the system,...
-
What type of variance is calculated by comparing actual costs to the flexible budget?
-
Explain how a manager might make a trade-off between the direct materials price and the direct materials quantity variances.
-
For an external USB hard drive attached to a computer, which is more suitable: a write through cache or a block cache?
-
identify one of the liability accounts other than accounts payable, identify the balance amount and what actions you will take in the next week or two to clear the balance? Craig's Design and...
-
Assignment 5: Audit Testing For this assignment, the expected population exception rate (EPER) was specified as 1% or 2%, the tolerable exception rate (TER) was specified as 7% or 8%, and the...
-
Fill in the annual income statement plan using the information on the attached file. The first tab is the income statement; the plan column will populate sales and operating expenses from your inputs...
-
What is the stress in the walls of a spherical tank, with an inside diameter of 3 . 5 m , a wall thickness of 1 cm and an internal pressure of 1 1 8 0 kPa? ( Final answer in MPa )
-
How many feet per minute should a machine be run at if the diameter of the cutter is 0.625 inches, the revolutions per minute of the cutter is 2,500, and the value of pi is 3.1415? Record your answer...
-
A force F is applied perpendicular to the axis of the rod of weight W and moves from O to A at a constant rate v. If the rod is at rest when = 0 and F is at O when t = 0, determine the rods angular...
-
Prepare a stock card using the following information A company is registered for GST which it pays quarterly, assume GST was last paid on the 30th of June 2019. It uses weighted average cost...
-
House of Clean Companys perpetual inventory records indicate that $3757,000 of merchandise should be on hand on June 30, 2012. The physical inventory indicates that $366,500 of merchandise is...
-
Zurich Companys perpetual inventory records indicate that $1,380,000 of merchandise should be on hand on August 31, 2012. The physical inventory indicates that $1,315,900 of merchandise is actually...
-
The following financial statement data for years ending December 31 for Foodworks Company are shown below.a. Determine the ratio of net sales to assets for 2012 and 2011.b. Does the change in the...
-
Sunland Corp. designs and builds custom harvesting equipment for logging companies across Canada. The company, which is publicly traded, has a May 31 year end. On February 18, 2024, Sunland signed a...
-
Kubin Company's relevant range of production is 18,000 to 22,000 units. When it produces and sells 20,000 units, its average costs per unit are as follows: Average Cost per Unit Fixed administrative...
-
The following balance sheet for the Los Gatos Corporation was prepared by a recently hired accountant. In reviewing the statement you notice several errors. LOS GATOS CORPORATION Balance Sheet At...
Study smarter with the SolutionInn App