Explain the possible causes for direct materials price

Assignment Help Financial Accounting
Reference no: EM13876935

1. Explain the possible causes for direct materials price and direct materials usage variances. Who in the organization normally has influence over or responsibility for these variances?

2. Explain some of the possible causes of direct labor rate (price) and direct labor efficiency (quantity) variances. Who normally has responsibility for or influence over these variances?

Reference no: EM13876935

Questions Cloud

Dfi of real sequences with odd harmonics : DFI of real sequences with odd harmonics only Let x(n) be an N-point real sequence with N-point DFT X(k) (N even). In addition, x(n) satisfied the following symmetry property:
What effect adoption of jit have on design of control system : List two primary financial benefits associated with a shift to JIT manufacturing. What effect does the adoption of JIT have on the design of management accounting and control systems?
What is the firm''s least cost combination of factors : A firm with a CD production function Q = 1.5K 0.5 L0.4 plans to produce 900 units of output per day. Assume the prices of labor and capital are $50 and $100 a day-What is the firm's least cost combination of factors for production of 900 units of o..
Provide summary of your hospitals organizational structure : Provide a detailed summary of your hospital's organizational structure. Include a tabulated description of the levels of professionals within the organization. Describe the duties of each major head within the organization.
Explain the possible causes for direct materials price : Explain the possible causes for direct materials price and direct materials usage variances. Who in the organization normally has influence over or responsibility for these variances?
Calculate the lagrange multiplier ? : Assume that the firm increases its expenditure on variable inputs by $63 (1 %) to $6,363. Show that the level of output increases by λ ∗ 63.
Determine and sketch the spectra for the signals : An analog signal xa(t) is bandlimited to the range 900 = F = 1100 Hz. It is used as an input to the system shown in figure. In this system, H(?) is an ideal lowpass filter with cutoff frequency Fc = 125Hz. (a) Determine and sketch the spectra for ..
Paragraphs your observation on the role of values : n your initial posting, discuss in one or two paragraphs your observation on the role of "values" in respect to the topic of potential copyright infringement. Apply your critical thinking skills to the topic of file sharing by asking; is there a c..
Determine the level of output for which profit is maximized : Derive an expression Π(q) for the firms profit function and is the rate of change of profit increasing or decreasing when the ouput level of the firm is q=10?

Reviews

Write a Review

Financial Accounting Questions & Answers

  Determine alpha of the stock

The market expected rate of return is 8% and the risk-free rate is 5%.  Determine alpha of the stock

  Compute the direct materials price and quantity variances

Compute the direct materials price and quantity variances.(Input all amount as a positive value. Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect.

  The manufacturing overhead budget at latronica corporation

the manufacturing overhead budget at latronica corporation is based on budgeted direct labor-hours. the direct labor

  What is total corporate value

It is financed with $200 million of debt, $50 million of preferred stock, and $210 million of book equity. What is the value of operations? What is the total corporate value?

  Selection of purchase alternatives under npvprince companys

selection of purchase alternatives under npv.prince companys required rate of return is 10. the company is considering

  Illustrate what is damon expected price

The stock's dividend is projected to increase at a constant rate of 7% per year. The required rate of return on the stock is 10%. Illustrate what is Damon's expected price 4 years from today ?

  Accounts would be increased with a debit

Which of the following accounts would be increased with a Debit?

  Youve just been hired onto abc company as the corporate

youve just been hired onto abc company as the corporate controller. abc company is a manufacturing firm that

  Estimate total future cash flows from the trade name

Estimated total future cash flows from the trade name are $26,000 on January 4, 2013.

  Explain how much external financing will the firm

Explain how much external financing will the firm have to seek? Assume there is no increase in liabilities other than that which will occur with the external financing.

  Illustrate what is the direct labor efficiency variance

The standard direct labor wage are is $8.00 and the standard quantity of hours allowed for the actual level of output was 5,000 direct labor hours. Illustrate what is the direct labor efficiency variance?

  The world of business has changed radically over the last

the world of business has changed radically over the last twenty years.nbsp where once it was unique to operate

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!

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