Discuss the role for variance analysis in evaluating cost center/profit center managers.
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 53% (15 reviews)
Variance analysis is useful for both profit centers and cost ...View the full answer
Answered By
SUMAN DINDA
I LIKE TO TEACH STUDENTS. SO, I START MYSELF AS A PRIVATE TUTOR. I TEACH STUDENTS OF DIFFERENT CLASSES. I HAVE ALSO DONE BACHELOR OF EDUCATION DEGREE(B.ED). DURING THIS COURSE I HAD TO TEACH IN A SCHOOL. SO I HAVE A GOOD EXPERIENCE IN TEACHING.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Managerial accounting
ISBN: 978-0471467854
1st edition
Authors: ramji balakrishnan, k. s i varamakrishnan, Geoffrey b. sprin
Question Posted:
Students also viewed these Managerial Accounting questions
-
Evaluating a cost center including flexible budgeting concepts Koch Medical Equipment Company makes a blood pressure measuring kit. Albert Kaiser is the production manager. The production departments...
-
Several tools are available to managers when evaluating organizational performance. Variance analysis is one such tool used to evaluate performance. Variance analysis compares actual costs with...
-
Cost System Choices, Budgeting, and Variance Analyses for Sacred Heart Hospital The purpose of this integrated exercise is to demonstrate how a change in the cost systems allocation base can result...
-
(a) Decide whether each of the following expressions are true or not. Answer yes or no. In any case where it is not true, provide the actual O-complexity. (i) log n = O(n!) (ii) 10! = O(log n) (iii)...
-
The function r(t) traces a circle. Determine the radius, center, and plane containing the circle. r(t) = (sin t, 0, 4 + cos t)
-
Whether in your life as a student or as a professional in the workplace, your life is filled with learning opportunities. With the material we've covered in the last five weeks in mind propose a...
-
The compressive strength, in kilopascals, was measured for concrete blocks from five different batches of concrete, both three and six days after pouring. The data are as follows: Can you conclude...
-
Squeezers Juice and Tea Company manufactures juices and chai teas that are sold at organic foods stores. Several of its products have been featured in movies because the companys products are popular...
-
What strategies can leaders employ to navigate the delicate balance between fostering a collaborative team culture and encouraging healthy competition among individuals to stimulate innovation and...
-
Blake Romney became Chief Executive Officer of Peters Inc. two years ago. At the time, the company was reporting lagging profits, and Blake was brought in to "stir things up." The company has three...
-
"Why not simply evaluate the performance of all divisional managers based on the entire firm's profit? That way, we do not have to worry about divisional managers not acting in the firm's best...
-
When evaluating investment centers, what are some of the disadvantages of using net book value to measure investment?
-
The channel system shown in Figure 4.2 can be viewed as consisting of three reaches. Subareas 1, 2, and 3 have reaches of lengths 4,940, 2,440, and 3,670 m, respectively. As it is shown in Figure 4.2...
-
What is the basic structure of an ERP system? What are five key advantages and disadvantages of using an ERP system? What is the ERP implementation life cycle? What are the security issues and...
-
Children's Chewable Tylenol contains 8 0 mg of aceataminophen per tablet. If the reccomended dosage is 1 2 mg / kg , how many tablets are needed for a 6 6 lb child?
-
Duela Dent is single and had $178,400 in taxable income. Use the rates from table 2.3 A. What is the average tax rate? Taxable Income $ 0- 9,525 9,525- 38,700 38,700- 82,500 82,500- 157,500...
-
Factor. 2 x + 12x+36
-
Solve the proportion. (Simplify your answer completely. Round your answer to three significant digits.) 94.5 6.74 x = 19.5 X =
-
Under what circumstances, an auditor can be appointed by the following: i. The Board of Directors ii. The Shareholders iii. The Central Government.
-
a. Show that the expansion of q(x) in ascending powers of x can be approximated to 10 2x + Bx 2 + Cx 3 where B and C are constants to be found. b. Find the percentage error made in using the series...
-
Distinguish between constant opportunity cost and increasing marginal opportunity cost.
-
Compare and contrast the rules regarding revenue recognition under IFRS versus GAAP.
-
Under IFRS, do the definitions of revenues and expenses include gains and losses? Explain.
-
The financial statements of Zetar plc are presented in Appendix C. The companys complete annual report, including the notes to its financial statements, is available at www.zetarplc.com. Visit Zetars...
-
- Suppose that f(x, y) = 3x + 3y = xy Then the minimum is
-
Direct labor variances Ada Clothes Company produced 14,000 units during April. The Cutting Department used 2,700 direct labor hours at an actual rate of $13.60 per hour. The Sewing Department used...
-
Give the equation of the oblique asymptote, if any. 2 x+2x-6 f(x)= x-5
Study smarter with the SolutionInn App