User Account

All Pages

What is a favorable variance and unfavorable variance

Assignment Help Accounting Basics
Reference no: EM132583534

Question 1: What is a favorable variance and what is an unfavorable variance? How do you calculate them? Is a favorable variance always a bad thing and is an unfavorable variance always a good thing? Why or why not? Make sure you talk about the formulas here. Give actual examples of variances to support your position.

Reference no: EM132583534

Questions Cloud

Find the costs of prescription drugs administered : The nursing station on the fourth floor, Find The costs of prescription drugs administered by the nursing station to patients should be classified as?
Discuss statement implementation of budgetary control system : Discuss statement in relation to the design and implementation of budgetary control system.Motivation is the over-riding consideration
How to find out variable cost per units and total fixed cost : 15,000 flanges this period their competitor sells flanges for 8.25 each. can company sell below competitor price and make a profit on the flanges
Find what is the amount of fixed costs : Emma sells a product for RS. 10.55 The variable costs are RS. 7.50. Janet's break-even units are 25,000. What is the amount of fixed costs?
What is a favorable variance and unfavorable variance : What is a favorable variance and what is an unfavorable variance? How do you calculate them? Is a favorable variance always a bad thing
Discuss some common characteristics of balanced scorecards : Discuss some common characteristics of balanced scorecards. How do most organizations identify which performance measures their balanced scorecard will include?
What is the total relevant cost for contract of raw material : What is the total relevant cost for the contract of raw material D? Company would need 800kg of material D for a contract it is considering.
How much would be net operating income be changed : How much would be net operating income be changed if the outside suppliers' offer is accepted? Your company makes 6,000 units of Part #217 each year.
What is the maximum initial investment : What is the maximum initial investment that they should make in this project?Western Steel is considering an investment in a 3 year project.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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