What does the direct materials quantity variance measure

Assignment Help Accounting Basics
Reference no: EM133635675

Discussion Post

What does the direct materials quantity variance measure? Who is generally responsible for the direct materials quantity variance? Describe two situations that could result in a favorable direct materials quantity variance. Describe two situations that could result in an unfavorable direct materials quantity variance.

Reference no: EM133635675

Questions Cloud

What price will you charge for adult dinners : How many dinners should you sell in a month? What price will you charge for adult dinners? How many dinners will you sell to adults in a month?
Why you want the data and the resulting benefits : Create a video presentation of approximately 5 minutes, using Zoom, in which you discuss how Carrefour plans to use this data and the broad implications
How bring you closer to determining personal career path : How does this bring you closer to determining your personal career path as an accounting or financial professional?
Explain potential problem that could arise from using roi : Explain the potential problem that could arise from using ROI as the incentive measure for managers. What are some specific actions a company take to resolve?
What does the direct materials quantity variance measure : What does the direct materials quantity variance measure? Who is generally responsible for the direct materials quantity variance?
Describe the problem and how michael worked to correct it : SecureWorks clearly had a vision problem. Describe the problem and then tell how Michael worked to correct it. Would you want to work with Michael?
How principles of diversity equity and inclusion integrated : Consider how principles of diversity, equity, and inclusion can be integrated into the communication strategies to build a strong case for implementation.
Calculate all potential load assumptions : Calculate all potential load assumptions, including snow load, wind load, and self-weight, for these fish-belly girders using a program
Causes of population bottlenecks and implications : Describe three causes of population bottlenecks and the implications they would have on the species involved.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Prepare the extract Statement of Financial Position

Each building was revalued on 1 January 2020; the fair value of building A was RM505,000 and building B was RM510,000. Prepare the extract Statement

  Prepare the appropriate journal entries

Prepare the appropriate journal entrie(s) to record the disposal of the equipment on April 30th, 2020. Round all amounts to the nearest dollar

  The company has only 2000 machine hours available each

manny company produces three products x y and z with the following characteristicsx y

  Identify the physical location of the company

Alburton gets the Afghanistan contract, and Identify the physical location of the company as Bloom tells Alburton to invoice Island Printing for well.

  Why cost accounting is referred to as managerial accounting

Why Cost accounting is often referred to as "managerial accounting". What ways that a company uses cost accounting, and how it uses financial information.

  Compute the total amount to be paid by bradley

Compute the total amount to be paid by Bradley over the 16-year life of the mortgage

  Which program would you choose

Identify three vendors who provide a VOC program. Suppose you had to choose among them for a chain of electronics stores. Which program would you choose? Why?

  Prepare the journal entries on revcos books

Prepare the journal entries on Revco's books to report the above information assuming Revco accounts for its investment in Ron Corporation.

  The firm-wide contribution margin associated with component

1. Compute the firm-wide contribution margin associated with Component Y34 and Model SC67. Also, compute the contribution margin earned by each division.

  What is the cost of each alternative

Supplement believes the acquisition will increase its total after-tax annual cash flow by $3 million indefinitely. What is the cost of each alternative

  Personal or business context

Are you spending time on what is truly important to you? Relationships take time, and if you want them to succeed in a personal or business context, you have to make them a priority.

  Show how income and comprehensive income will be reported

Show how income and comprehensive income will be reported on a comparative basis for the current and prior years, using the two statement format

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