Consider the following statements made by a production manager: (1) Adverse variances are always bad for an
Question:
Consider the following statements made by a production manager:
(1) Adverse variances are always bad for an organization
(2) Appropriate variance reporting is the comparison of actual results with the original budget
Which of the following is correct as regards these statements?
O A. Both statements are correct
O B. Both statements are incorrect
O C. Statement 1 only is correct
OD. Statement 2 only is correct
Consider the following statements about cloud accounting:
(1) Data can be accessed from anywhere with an internet connection.
(2) Cloud accounting applications rem ye risks of data theft
Which of the following is correct as regards these statements?
OA. Both statements are correct
OB. Both statements are incorrect
OC. Only statement 1 is correct
OD. Only statement 2 is correct
Knee pic is a manufacturing company. In April 20X8 Knee used 33,640 kg of material at a total standard cost of £245,340. The material usage variance was £1,914 adverse
Calculate the standard allowed weight of material for the actual production achieved by Knee in April 20X8:
OA. 33,576kg
OB. 33,840kg
OC. 34,104kg
OD. 35,754kg
Introduction to Operations Research
ISBN: 978-1259162985
10th edition
Authors: Frederick S. Hillier, Gerald J. Lieberman