User Account

All Pages

Causes of variances

Assignment Help Macroeconomics
Reference no: EM131166795

1. Should management investigate only U unfavorable variances or F favorable ones too? Why so or not?

2. Can the causes of variances be accountable to a specific manager? Think about which managers are in charge of purchasing, inventory management, production, and so forth. Why do we want to know who the manager is--to know who to blame or for one or more good business reasons?

3. Would you be concerned about whether the variance was a one-time event or will continue for some months in the future? Why so or not does that matter? What would you do to reduce your level of concern?

Reference no: EM131166795

Questions Cloud

Elaborate on the major reasons why according to the text : Elaborate on the major reasons why, according to the text, health care systems can be considered complex. Next, argue a case for double-loop against single-loop learning in organizational learning.
Computer-assisted auditing techniques : Which of the following computer-assisted auditing techniques allows fictitious and real transactions to be processed together without client operating personnel being aware of the testing process?
Create money by lending-called fractional reserve system : Money has several uses, in society. You might want to start by explaining what money does for us. Could we live without physical (cash) money? The banking system creates the money in the US ( the few physical bills are just receipts for bank reserves..
Which group decision-making technique do you recommend : Furthermore, meetings with this group often go off the agenda and drift into tangential subjects. A quick decision needs be made with input from all members of the team. Which group decision-making technique do you recommend
Causes of variances : Can the causes of variances be accountable to a specific manager? Think about which managers are in charge of purchasing, inventory management, production, and so forth. Why do we want to know who the manager is--to know who to blame or for one o..
Output gap as used in economics : In brief what is the meaning of the term output gap as used in Economics?
Construct a finite-state machine for a restricted telephone : Only calls to the telephone numbers 0, 911, and the digit 1 followed by 10-digit telephone numbers that begin with 212, 800, 866, 877, and 888 are sent to the network.All other strings of digits are blocked by the system and the user hears an erro..
Estimating input demand such as labor and capital : Derive a comparative static relationship for a firm that maximizes profit subject to a cost constraint for a two factor, single product function. Assume that the cost constraint is binding. Is this problem characterized by a counterpart to the Slutsk..
Describe purpose and function of national response center : Explain the purpose and function of the National Response Center. Your response must be at least 150 words in length. You are required to use at least your textbook as source material for your response.

Reviews

Write a Review

Macroeconomics Questions & Answers

  Change in nonincome-determined spending

change in nonincome-determined spending

  Illustrate what impact would the introduction of online

Illustrate what impact would the introduction of online rental of DVD'S have had on the in-store movie rental market.

  Fears of a recession expected to decrease consumers incomes

Elucidate how will looming fears of a recession expected to decrease consumers incomes by 4 percent over the next year impact the quantity of coffee Starbucks expects to sell.

  What advantages do internet surveys have

What advantages do Internet surveys have? What are the disadvantages? Tell me about your experience with Internet surveys, whether you've administered or taken them.

  Elucidate the academic curriculum and dicuss the challeges

Elucidate the academic curriculum and dicuss the challeges confronted by scholars of the following areas of specialisation.

  What is the countrys unemployment rate

What is the country's unemployment rate? How does it compare to the United States' unemployment rate? Are they better off or worse off than us?

  Would banning negext increase or decrease welfare

a. Find the equilibrium price and quantity. Compute consumer surplus, producer surplus, and totalsurplus in the market equilibrium. b. For each unit of Negext produced,4 units of pollution are emitted, and each unit of pollutionimposes a cost on s..

  In a certain economy consumption is known

In a certain economy consumption is known to be; C = 1,000 + 0.8 Y Investment is known to be 1,000 units

  What equation would you use to find growth

What equation would you use to find growth. Fill out GDP deflator column. Fill out inflation rate column. Graph the Inflation rate with time on the horizontal axis and inflation rate on vertical axis.

  Between 2002 and 2003 a typical family cost of living

Every year the typical family on Planet Econ consumes ten pizzas, seven pairs of jeans and 20 litres of milk.- Between 2002 and 2003, a typical family's cost of living:

  Is firm currently allocating production resources optimally

An American Company that sells consumer electronics products has manufacturing facilities in Mexico, Taiwan, and Canada. The average hourly wage, output, and annual overhead cost for each site are as follows: Mexico Taiwan Canada Hourly wage rate ..

  Determine population growth rates

Suppose you only have access to the rates of savings and population growth data but do not have access to the data on years of schooling (the last column of the table), use the Solow model to calculate the ratio of the steady state levels of incom..

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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