User Account

All Pages

What is an activity variance and what does it mean

Assignment Help Cost Accounting
Reference no: EM13893738

1. Why is it difficult to interpret a difference between how much expense was budgeted and how much was actually spent?

2. What is an activity variance and what does it mean?

3. What is a revenue variance and what does it mean?

4. What is a spending variance and what does it mean?

Reference no: EM13893738

Questions Cloud

Assets, liabilities, and equity of trista''s boutique : Write short descriptions of the probable nature of eachtransaction.
What assumption is implicitly made about cost behavior : What assumption is implicitly made about cost behavior when all of the items in a static planning budget are adjusted in proportion to a change in activity? Why is this assumption questionable?
What exactly are smad transcription factors : What exactly are SMAD transcription factors and how do they regulate transcription? (can you please outline their involvement in the pathway in a simply manner which I can then use as a basis for my essay.
Are there any special concerns this mother should consider : What blood type(s) can a child born to a mother with B- blood type and a father with A+ blood type have? Explain your answer fully. Be sure to focus on the concepts of dominant and recessive alleles, multiple alleles, and codominance in your expla..
What is an activity variance and what does it mean : What is an activity variance and what does it mean? What is a revenue variance and what does it mean? What is a spending variance and what does it mean?
Prepare an october income statement for the business. : On October 1, Keisha King organized Real Answers, a new consulting firm; on October 3, the owner contributed $84,000 cash. On October 31, the company's records show the following items and amounts.
Finding the right terminology : For first year students using unfamiliar or finding the right terminology when asked to discuss certain aspects of a field of study can be challenging. Economics is no different from other professions that use certain abbreviations in which to exp..
Would you want to know whether you will develop the disease : If you knew that an untreatable, devastating, late-onset, inherited disease runs in your family, in other words, a disease that does not appear until after age 40, and you could be tested for it at age 20, would you want to know whether you will d..
Tax burden on future generations than deficit : Deficit spending for education and scientific research may impose less of a tax burden on future generations than deficit - financed increases in transfer payments. Do you agree or disagree? Explain your answer.

Reviews

Write a Review

Cost Accounting Questions & Answers

  Question 1 securities donated to an npo could be recorded

question 1. securities donated to an npo could be recorded at thea. donors recorded amount.b. fair market value at the

  Evaluate chis recognized gain or loss on the exchange

Evaluate Chis recognized gain or loss on the exchange.

  Calculate daycos asset turnover ratio

Calculate Daycos asset turnover ratio and its profit margin and show how the two ratios in Part (a) can be used to determine Dayco's rate of return on assets.

  Compute dows basic and diluted earnings

Compute Dows basic and diluted earnings per share for the year ended December 31, 2009 - On December 31, 2008, Dow Steel Corporation had 600,000 shares of common stock and 300,000 shares of 8%, noncumulative, nonconvertible preferred stock issued a..

  How many people must attend for the sorority to break even

Each person would pay $40 to attend; 200 attendees are expected Will the event be profitable for the sorority? Show computations and how many people must attend for the sorority to break even?

  Which one of the following appears to be least important

Your client says, “With the unrealized gains in my portfolio, I have almost saved enough money for my daughter to go to college in eight years, but educational costs keep going up.” Based on this statement alone, which one of the following appears to..

  Questionon 1st january 2012 john doeby enterprises acquired

questionon 1st january 2012 john doeby enterprises acquired a 55 interest in bmi inc. bmi. doeby paid for the

  Compute the amount of the bond interest expense

Compute the amount of the bond interest expense for the first year and explain why the company was able to issue the bonds

  Evaluate the average cost per gallon

What qualitative matters should be taken in considerations with requirement c and d? Describe. Would you change the decision taken on c and d? Clarify.

  How much overhead was assigned to each job during year 1

Mark Corporation estimates its manufacturing overhead to be $90,000 and its direct labor costs to be $200,000 for year 1.

  On january 15 2011 leno inc which has a march 31 year-end

on january 15 2011 leno inc. which has a march 31 year-end entered into a transaction to sell the land and building

  Determine the annual depreciation expense for each

Determine the annual depreciation expense for each of the estimated five years of use, the accumulated depreciation at the end of each year, and the book value of the equipment at the end of each year by the following methods.

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