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Question: Answer the following questions-
1. What are the basic objectives in the use of standard costs?
2. What are the two variances between the actual cost and the standard cost for direct materials?
3. The materials cost variance report for Nickols Inc. indicates a large factorable materials price variance and a significant unfavorable materials quantity variance. What might have caused these offsetting variances?
4. A new assistant controller recently was heard to remark, "All the assembly workers in this plant are covered by union contracts, so there should be no labor variances." Was the controller's remark correct? Discuss.
5. Would the use of standards be appropriate in a non-manufacturing setting, such as a fast food restaurant?
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Discuss what you learned about Telecommunications benefits from the video and slide. According to the slide and video, discuss the how standards are beneficial References and APA format are reuired.
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Write a strategy memo applying two of the concepts that he identifies as occurring in the natural world and describe how you would use these concepts.
escribe a social policy that may affect your future position as a human service worker. Compare and contrast how a public versus a private organization might address this policy differently. Include an explanation of how the delivery system of a publ..
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An experienced driver can drive while holding a relatively complex conversation. This combination of activities is difficult, however, for a novice driver. Which of the following explanations is MOST likely to explain the difference?
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