Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Occurrence of Overhead Variances
Overhead variances arise mainly because of the conventions of the overheads absorption process. The overhead absorption rates employed in this process are calculated from two major estimates as:
i. Estimates of expenditure levels.
ii. Estimates of the activity levels throughout the budget period.
Because the two elements are mere estimates, they hardly coincide along with reality, and hence will almost certainly purpose a favourable or unfavourable variance in any type of given accounting period. Overhead variances are caused via efficiency variations also. Since overheads are frequently absorbed efficiency is less or greater than planned.
Calculate the range of monthly financing rates for which the schedule of monthly cash flows is profitable: Month Cash Flow, $ -------------------- 0 -10,100 1 +23,000 2 -13,
Contract Accounts It is a separate account such is maintained and opened for every contract undertaken for the reasons of accumulating cots. Every contract is given a number
Why do we separate factory overhead from materials and labor?
When firms enter into loan agreements with their bank it is very common for the agreement to have a restriction on the minimum current ratio the firm has to maintain. So, it is imp
Using the information below, list profit statements for June and July using (a) margin costing and (b) absorption costing. A company produces and sells 1 product only which
What are the limitations of unit cost.
If the net income under marginal costing is #100,000, calculate absorption costing, if opening and closing inventories are #20,000 and #15,000
Inventory Management and Control Here the objectives of inventory management are as: 1. To ensure adequate stocks to permit for continuous production/operations, and
The following is a summary of a cash book for the year ended 31 April 2012 Payments $ Receipts
Your client has asked you to evaluate an investment project for her using what you have learned in school regarding the net present value method. The project will run for eight yea
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd