Question: What is an idle capacity variance, and how can it be used in responsibility reporting?

What is an idle capacity variance, and how can it be used in responsibility reporting?

Step by Step Solution

★★★★★

3.42 Rating (168 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

An idle capacity variance is the amount of overorunder applied budgeted fixed fac... 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

906-B-M-A-P-C (2782).docx

120 KBs Word File

Students Have Also Explored These Related Managerial Accounting Questions!

Q:

What is a spending variance, and how is it used in responsibility reporting?

Q:

What is an MRI device and how can it be used in research studying advertising effectiveness?

Q:

What is an SPE, and how can it be used to transfer accounts receivable?

Q:

1. Normal capacity of Evert Company is 120,000 direct labour hours. The expected capacity for the month just completed was 90,000 direct labour hours. Estimated FOH at expected level is $150,000. The...

Q:

1. In 2013, several data server companies took a dramatic decision to begin using energy surcharges to recapture rising energy costs. However, customers are critical of how the energy surcharges are...

Q:

from this case study what is 1-objective 2-issue 3- literature review 4- Results 5- conclusion A Note on a Contribution Margin Approach to the Analysis of Capacity Utilization Keith Shwayder...

Q:

Div A Budgeted actuals variance variance % Raw material units 1 0 0 , 0 0 0 1 0 5 , 0 0 0 5 , 0 0 0 5 % Average unit price 1 0 9 . 8 - 0 . 2 - 2 Total sales 1 , 0 0 0 , 0 0 0 1 , 0 2 9 , 0 0 0 2 9 ,...

Q:

part 1 D.150 4. Assuming STEP method is used to allocate, what is the total department cost of department A? A5,365 35,295.33 (25,362.50 [15,350 5. Assuming reciprocal method is used to allocate,...

Q:

1. Costs that are not conveniently identified with a particulars orders or units of product. 6. The factor that need not be considered when calculating an inventory economic order A. Manufacturing...

Q:

1. Costs that are not conveniently identified with a particulars orders or units of product. 6. The factor that need not be considered when calculating an inventory economic order A. Manufacturing...

Q:

There are three possible states of an economy. 1. Describe the relationship between Real GDP and Natural Real GDP in the three states of an economy. 2. Describe the relationship between the...

Q:

Evaluate the attempt by the FASB to separate stock options from stock appreciation rights that are payable in cash?

Q:

12. LO.2 What is the actually paid requirement for the deduction of an expense by a cash basis taxpayer? Does actual payment ensure a deduction? Explain.

Q:

Which of the following is not included in the project charter? A. High-level risks B. High-level product requirements C. Budget summary D. Project schedule

Q:

What is supply-chain analysis, and how can it benefit manufactures and retailers?

Q:

What is supply-chain analysis, and how can it benefit manufactures and retailers?

Q:

What is supply-chain analysis, and how can it benefit manufactures and retailers?

Q:

Data table A to E.15 Question Help Could it be that smoking actually increases survival rates among women? The accompanying data represent the 20-year survival status and smoking status of 1328 women...

Q:

Please Show work and steps on how you got the answer 5)Jack has 15-t shirts. He is considering taking at least 3 t-shirts with him on vacation. How many options does he have? 6)How many permutations...

Q:

Calculate the present value of a retirement fund if you put $ 1 , 7 5 0 in your savings account at the end of each of the next 3 5 years? Assume that your savings account pays 8 % compounded...