If the materials price variance is favorable but the materials quantity variance is unfavorable, what might this indicate? What effect, if any, would you expect poor quality materials to have on direct labor variances? Why? Is it correct to consider favorable variances as always being desirable? Explain. What do you think is a criticism of standard costing in today’s advanced manufacturing environment? Who do think is generally responsible for the materials price variance? The materials quantity variance? The labor efficiency variance?
Answers: 2
Business, 22.06.2019 00:40, Dailyn
Eileen's elegant earrings produces pairs of earrings for its mail order catalogue business. each pair is shipped in a separate box. she rents a small room for $150 a week in the downtown business district that serves as her factory. she can hire workers for $275 a week. there are no implicit costs. what is the marginal product of the second worker?
Answers: 3
Business, 22.06.2019 10:40, meillsss
Parks corporation is considering an investment proposal in which a working capital investment of $10,000 would be required. the investment would provide cash inflows of $2,000 per year for six years. the working capital would be released for use elsewhere when the project is completed. if the company's discount rate is 10%, the investment's net present value is closest to (ignore income taxes) ?
Answers: 1
If the materials price variance is favorable but the materials quantity variance is unfavorable, wha...
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