Explain the favorable variance, Financial Accounting

Question: The manager of Ben and Jerry's Ice Cream is told that the direct material quantity variance for cherries in Cherries Garcia Ice cream is favorable. What could explain this favorable variance?  Is this favorable variance good news for the company?

Posted Date: 4/1/2013 2:55:11 AM | Location : United States







Related Discussions:- Explain the favorable variance, Assignment Help, Ask Question on Explain the favorable variance, Get Answer, Expert's Help, Explain the favorable variance Discussions

Write discussion on Explain the favorable variance
Your posts are moderated
Related Questions
Show all support work for your calculations. 1.  Simple Interest versus Compound Interest [LO1]  First City Bank pays 7 percent simple interest on its savings account balances,

The December 31, 2005, balance sheet of Far Imports includes the following items: The bonds were issued on December 31, 2004, at 97, with Interest payable on June 30 and December 3

Normal 0 false false false EN-US X-NONE X-NONE MicrosoftInternetExplorer4

Since 1968, Dracula Limited has traded in Doncaster, South Yorkshire as a manufacturer of fancy-dress and theatrical costumes. It produces a wide range of general theatrical costum

prepare a cash flow statement

I have an assignment due in four hours. Is it possible to get an inquiry if at least half of it can be done within that time?

Table on subsequent page lists 21 ratios being calculated by the Bombay Stock Exchange. Tick the board class to that each of the 21 ratios belongs to the blank columns of the Table

The dictionary explains the word 'inventory' as stock of goods. Although, inventory implies that such type of assets that will be disposed of in future in the common course of busi

In the current year, Company A is formed with $630,000 in capital from the sale of 21,000 shares of stock at $30 a share. Company A, which has no other operations, immediately acqu

Zoum Corporation had the following transactions during 2014: 1. Issued $125,000 of par value common stock for cash. 2. Recorded and paid wages expense of $60,000. 3. Acquired land