User Account

All Pages

Why favourable rate variance for direct materials reported

Assignment Help Accounting Basics
Reference no: EM133057412

Question -

1. Direct materials rate variance, $800 unfavourable.

2. Direct materials efficiency variance, $1,800 favourable.

3. Direct manufacturing labour rate variance, $4,000 favourable.

4. Direct manufacturing labour efficiency variance, $600 unfavourable.

(a) Give at least three alternative good reasons why a favourable rate variance for direct materials might be reported.

(b) Give at least three alternative good reasons why an unfavourable efficiency variance for direct manufacturing labour.

Reference no: EM133057412

Questions Cloud

What dollar amount of suits should be purchased in november : Wild West Fashion expects the total costs of goods sold to be $39,000 in November and $69,000 in December. What dollar amount of suits should be purchased
Correlation coefficient in efficient diversification : Explain the significance of correlation coefficient in efficient diversification.
Cfa standard of professional conducts : Referring to the CFA standard of professional conducts applicable in this scenario, explain whether you and your friends are permitted to respond to client's pr
What the balance of the projected benefit obligation : The settlement rate is 10%. Other data related to the pension plan for 2017 are: Service cost $234,000. What the balance of the projected benefit obligation
Why favourable rate variance for direct materials reported : Give at least three alternative good reasons why a favourable rate variance for direct materials might be reported
Correlation coefficient in efficient diversification : Explain the significance of correlation coefficient in efficient diversification. No need to draw a graph.
Determining the possible consequences of actions : Based on your understanding of security market line (SML), explain the actions that you could take to achieve the desired level of risk for Joanne's portfolio.
Formulate a strategy for the control system : Formulate a strategy for the control system of the 3M corporation. What is the main thing in the control system
Holding period return and effective annual return : If you exercise the call today, what will be your holding period return and effective annual return?

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: +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