Question: What are the three primary reasons variances occur?

What are the three primary reasons variances occur?

Step by Step Solution

★★★★★

3.27 Rating (165 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

Answer Budget variance is the difference between budgeted and actual figures for a particular accoun... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Document Format (1 attachment)

Word file Icon

229-B-M-A-B-P-C (813).docx

120 KBs Word File

Students Have Also Explored These Related Managerial Accounting Questions!

Q:

Many companies, especially in the travel industry (airlines, hotels, and so on), have socalled loyalty programs offering members benefits that depend on the frequency of purchases, miles traveled, or...

Q:

What are the three primary reasons people become entrepreneurs?

Q:

What are the three primary reasons people become entrepreneurs?

Q:

What are the three primary cost flow assumptions? How does the specific identification method differ from these three primary cost flow assumptions?

Q:

Course Summary IS-200.b - ICS for Single Resources and Initial Action Incidents Lesson 1: Course Overview Course Welcome The Emergency Management Institute developed ICS 200, ICS for Single Resources...

Q:

I've attached the question as a word file, thanks! JWCL165_c12_568-611.qxd 8/12/09 8:29 AM Page 568 12 Investments Chapter STUDY OBJECTIVES After studying this chapter, you should be able to: 1...

Q:

need help woth questions 1-6... the information used to answer them is in the following next 1. Build the management-research question hierarchy for this opportunity. 2. Evaluate the appropriateness...

Q:

What would be a management-research question hierarchy for this opportunity. Describe the appropriateness of the exploratory stage of the research design. describe the sampling strategy. describe the...

Q:

For the Week 7 Case Study, you will review the W7 Case Study PDF located in the "Case Study Files". Upon thorough review of the case, you will then answer the six (6) questions below: Build the...

Q:

Ohio legislators recently implemented new standards for those wishing to teach within Ohio's public and private schools. Teachers certified to teach in Ohio in 2002 or later will need to complete...

Q:

CASE Abstract This case is about a multistage, communication study of teachers by Wittenberg Universitys Department of Education to determine the viability of starting a Master of Education program...

Q:

When closing the Income Summary account, what amount is debited? When closing the Dividends account, which account(s) is(are) debited? When closing the Dividends account, what amount is debited? When...

Q:

Demo Ltd manufactures two models of its only product, model X and model Y. Before, the company only manufactured model X. Since the introduction of model Y (which is an innovative model), the sales...

Q:

SCAICET 9 1 5 , 1 , 0 0 9 . Evaluate the double integral by first identifying it as the volume of a solid. R 2 2 d A , R = { ( x , y ) | 6 x 1 0 , - 3 y 3 }

Q:

325 mL of solution was prepared by dissolving an 8.475 g sample containing sodium nitrate (NaNO3) and sodium phosphate (Na3PO4) in water. The analysis of the sodium content led to the formation of...

Q:

What do you think it is important for all of you to learn about whom you can go to for your own need and the needs of your family?

Q:

Methane, CHa is a tetrahedral molecule and does not exhibit a pemanent dipole moment (i.e. it has a dipole moment of 0). Nonetheless, in microwave spectroscopy methane does exhibit a weak, but...

Q:

How does the MAD value for CCWs new forecasting procedure compare with that for the old procedure that used the 25 percent rule?

Q:

What is meant by the term discounting?

Q:

What is meant by the term discounting?

Q:

Explain how the cost of capital serves as a screening tool when using (a) The net present value method and (b) The internal rate of return method.

Q:

Osato Chemicals Inc. is considering a project that will require $650,000 in assets. The project will be financed with 100% equity. The company faces a tax rate of 35%. What will be the ROE (return on...

Q:

Juan created a direct procurement site with a long - term supplier. This is known as a ( n ) A . company buying website B . extranet link C . forward auction D . trading exchange E . reverse auction

Q:

Question 1 (1 point) Marco Chip, Inc. just issued zero-coupon bonds with a par value of $1,000. The bond has a maturity of 28 years and a yield to maturity of 10.15 percent, compounded semi-annually....