Both highly favorable and highly unfavorable variances

Assignment Help Business Management

Reference no: EM132351582

1. Describe a scenario in which there are both highly favorable and highly unfavorable variances. Be sure to include the actual and standard costs in your scenario.

2. Analyze how and why you, as a manager, would prioritize the variances for analysis and how knowing these variances might help you improve efficiency.

300 words in APA format

Reference no: EM132351582

Questions Cloud

Environmental site assessment : You are conducting a Phase I Environmental Site Assessment (ESA) at a former industrial site. five monitoring wells and three patched boreholes.

What is the right mix of distribution channels for longchamp : How should Longchamp manage its product portfolio and distribution strategy to best achieve its goals? what is right mix of distribution channels for Longchamp.

Defend current gaap rules for pension accounting reporting : Defend the current GAAP rules for pension accounting reporting on the balance sheet and the income statement.

Calculate all materials and labor variances in a spreadsheet : Calculate all materials and labor variances in a spreadsheet by using a program like Excel. Be sure to include price, quantity, wage rate and labor efficiency

Both highly favorable and highly unfavorable variances : Describe a scenario in which there are both highly favorable and highly unfavorable variances. Be sure to include the actual and standard costs in your scenario

About excel as part of their recruitment process : Many companies and placement agencies require candidates to have knowledge about Excel as part of their recruitment process.

Your top-three fears in competing in the global market : "The Cloud Effect". As the CFO, describe your top-three fears in competing in the global market, and how you plan to overcome those fears.

What does jesus care about with regard to person money : What does Jesus care about with regard to a person's money? How do practical aspects of daily life, such as financial resources,

Describe at least two strategies for maintaining boundaries : Describe at least two strategies for maintaining boundaries in those situations without being manipulated.

User Account

All Pages