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What is Direct material cost variance
It can be defined as the difference between the standard costs of direct material specified and the actual cost of direct material used. This variance has two components:
1) Material price variance 2) Material usage variancea) Material mix varianceb) Material yield variance
interest rates
What story or character in a story generated what Aristotle calls a "catharsis?" Describe your emotional response. What specifically caused your emotional response?
Assumptions Underlying the CVP Analysis CVP analysis as discussed above is based on certain assumptions . if these assumptions are not recognized then serious error may result
How much was Topaz’s operating income (income before taxes) last year?
The emerging financial scenario has made a fierce competition among the companies to raise funds by innovative financial products by the capital and or money markets. Moreover sour
Queue discipline 1) It refers to the manner in which customers behave in a queue, and to the order in which they are served up. For illustration; A customer may arrive at a que
Definition of Linear Programming What is Linear Programming
The Rohr Company’s old equipment for making subassemblies is worn out. The company is considering two courses of action: (a) Completely replacing the old equipment with new equipme
companyXYZusesthe job oder costing system.
Management Accounting An accounting discipline concerned with the use of financial information. It used to relevant information by managers and other decision makers inside a s
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