User Account

All Pages

Compare the variable and fixed overhead variance

Assignment Help Accounting Basics
Reference no: EM132455214

Discussion Questions -

1) What are the key business events that trigger the need for flexible budget? Is it always sales volume above or below expected? Can inflation or excessive costs lead to flexible budget if volume is not changed?

2) Compare the variable overhead variance to the fixed overhead variance.

3) Describe the two assumptions used in cost estimation behavior.

4) Give an example of one of the assumptions.

5) A company invests considerable time and money to develop sophisticated cost functions that rate high on all evaluative criteria. In the course of using the cost functions, a manager notes that in several instances, the actual costs were different from the predicted costs, resulting in lower profits during one quarter of the year. The question of the value of the cost function is asked. Give some suggestions on how to answer the manager.

Reference no: EM132455214

Questions Cloud

Describe range of healthcare issues : Over the weeks of this course we have covered a range of healthcare issues. Now, as we approach the last week of our course
Complete citation and a brief description of the plot : Optional Book Report: First, you will provide a complete citation and a brief description of the plot. Then you will address these three course objectives
How did shiley inc mislead patients : What evidence was there that the strut fractures that occurred in Bjork-Shiley's C/C valves were not random component failures?
Prepare this assignment according to the apa guidelines : Prepare this assignment according to the APA guidelines found in the APA Style Guide, located in the Student Success Center. An abstract is not required.
Compare the variable and fixed overhead variance : Compare the variable overhead variance to the fixed overhead variance. Describe the two assumptions used in cost estimation behavior
Self-disclosure-gender and communication : Review the article entitled, "Can We Talk?" and Section 2.2 of our text titled "Biological Sex and Gender." Based on what you've learned in these readings
Examinee battles including both axis and allies strategies : Examine one or more major battles, including both the Axis and Allies strategies, the outcome of the battles, and the subsequent effects of the victory/defeat.
What information might be gathered from an observed attack : How might an administrator's defensive strategy to an attack change based on his or her perception of an attacker's skill?What information might be gathered
Explain in detail naturalism-inclusivism : Explain in detail Naturalism, Inclusivism, and Exclusivism from Hick's "Religious Pluralism and Salvation".

Reviews

Write a Review

Accounting Basics Questions & Answers

  What is the payback period

What is the payback period?

  Prepare Riverbed journal entry

Question - Riverbed Corporation issued 260 shares of $9 par value common stock for $3,510. Prepare Riverbed's journal entry

  A company paid a dividend of 156 per share on its stock the

a company paid a dividend of 1.56 per share on its stock. the dividends are expected to grow at a constant rate of 8

  What is meant by sustainable management practices

Question - What is meant by sustainable management practices and what examples of such practices can be found in New Zealand

  Discuss typically the equipment has no residual value

Triple Tango Track leases exercise equipment to its customers under direct-financing leases. Typically the equipment has no residual value

  Calculate sarahs basis in the new farm building

Sarah's farm building, which was used in her business. Assuming the proper election is made to defer gain, calculate Sarah's basis in the new farm building.

  Construct a boxplot are the data skewed

What would you tell a customer who enters the bank to purchase this type of insurance policy and asks how long the approval process takes?

  Accounting treatment followed on initial recognition

What characteristics must the convertible bonds display in order to justify the accounting treatment followed on initial recognition?

  What are the three factors of the fraud pyramid

What are the three factors of the fraud pyramid? What four disciplines make up the knowledge base of forensic accounting

  Handling of bargain acquisition

What are the arguments for and against the alternatives for the handling of bargain acquisition? Why are such acquisitions unlikely to occur with great frequency?

  Compute the total material cost of december

Nash Mining Company purchased land on February 1, 2017, at a cost of $1,111,100. compute the Total material cost of December

  Barretts fashions forecasts sales of 125000 for the quarter

barretts fashions forecasts sales of 125000 for the quarter ended december 31. its gross profit rate is 20 of sales and

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