Unfavorable spending and volume variances be affected

Assignment Help Financial Accounting

Reference no: EM1376112

A department's three-variance overhead standard costing system reported volume variances and unfavorable spending. The activity level selected for allocating overhead to product was based on 80 percent of practical capacity. If 100 percent of practical capacity had been selected instead, how could the reported unfavorable spending and volume variances be affected?

Spending variance Volume variance
a. Increased Unchanged
b. Unchanged Increased
c. Increased Increased
d. Unchanged Unchanged

Reference no: EM1376112

Questions Cloud

Elucidate how would you have assessed the feasibility : Elucidate how would you have assessed the feasibility of this venture when the idea first came up? Elucidate how ‘risky' would you have considered the project that implemented this idea.

Marginal effect of taking econometrics : An Economics section at a large university keeps track of its majors beginning salaries. We address the question of the value of taking econometrics

Why does an organization like the nfl need to control : Why does an organization like the NFL need to control their own distribution network? They have moved towards NFL television stations as well as have increased control of their products

Evaluation criteria during the procurement phase : evaluation criteria during the procurement phase or after they have submitted their proposals/bids. Please answer in 120 words or less also cites url or references used.

Unfavorable spending and volume variances be affected : A department's three-variance overhead standard costing system reported volume variances and unfavorable spending. The activity level selected for allocating overhead to product was based on 80 percent of practical capacity

Have you ever had a want for or interest in a new product : Have you ever had a want for or interest in a new product or service that you wish someone had developed? Identify what you trust could be a new product or service

Actual sales values at split-off point : If selling prices of finished products Y and Z remain constant, percentage of joint costs allocated to product Y and product Z would

Identify what you trust could be a new product : Identify what you trust could be a new product or service and why you think it would be successful. Is the product or service beleaguered to a particular group or would it be available to the mass market

Rights to personal privacy in numerous contexts : Rights to personal privacy in numerous contexts and situations are often not well understood. Public as well as private sector employees are habitually surprised or upset to find that there is no expectation of personal privacy in the workplace wi..

User Account

All Pages