Can we say that manager has done good job in controlling

Assignment Help Financial Accounting
Reference no: EM13876918

1. Explain primary reasons why actual direct materials cost for a given period would be different from direct materials cost contained in the master (static) budget that was prepared before the start of the period.

2. Verbatim Company's budget for last year included $80,000 for variable costs. The total actual variable costs for the period were $72,000. Can we say that the plant manager has done a good job in controlling these costs if actual production was 80 percent of budgeted production?

Reference no: EM13876918

Questions Cloud

Key aspects of persuasive speaking : The purpose of this speech is for the student to successfully demonstrate their knowledge of the key aspects of persuasive speaking through the use of a persuasive design, research and logical arguments
Why does management need to separate direct labor variances : Why does management need to separate direct labor variances into rate and efficiency components? Which is a firm use as the standard in assessing production efficiencies.
Compute the corresponding sqnr : For f0 = 1/50 and N = 200, write a program to quantize the signal x(n), using truncation, to 64, 128, and 256 quantization levels. In each case plot the signals x(n), xq(n), and e(n) and compute the corresponding SQNR.
Describe eriksons stage briefly : Who do you think is more complete in describing what it takes for the grade school child to develop mastery and competence, Erik Erikson (Industry versus Inferiority) or Albert Bandura (Social Learning Theory and Self-Efficacy)? Describe Erikson's..
Can we say that manager has done good job in controlling : The total actual variable costs for the period were $72,000. Can we say that the plant manager has done a good job in controlling these costs if actual production was 80 percent of budgeted production
Different voltage levels : A digital communication link carries binary-coded words representing samples of an input signal xa(t) = 3 cos 600pt + 2 cos 1800p.The link is operated at 10,000 bits/s and each input sample is quantized into 1024 different voltage levels.
Develop research design - plan for conducting research : Develop a research design - that is, a plan for conducting research - that would enable you to report to the city council on the potential costs and benefits of the proposed ordinance.
Show that a is the output elasticity of labor-eql : Assume a firm with the production function Q = AKα Lβ . Show that α is the output elasticity of labor, EQL , and β is the output elasticity of capital, EQK .
Do you think that news in newspapers contributed to racism : Do you think that news in the newspapers contributed to racism and/or prejudice that society had towards BOTH the Japanese people and the Mexican people during World War 2? Why or why not? How

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd