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Jobisdone [24]
1 year ago
15

The difference between the total actual cost incurred and the total standard cost is called the:

Business
1 answer:
nlexa [21]1 year ago
3 0

The variance is the  difference between the total actual cost incurred and the total standard cost.

<h3>What is variance in accounting?</h3>

In the field of accounting, the variance is simply referred to as the difference that exists between the forecasted amount and the actual amount.

Therefore from the definition that we have above the answer to this question is variance.

Read more on variance here: brainly.com/question/15858152

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during 2017, trey corporation accrued warranty expense based on 3.5% of net sales revenue. during 2018, trey corporation revised
aleksandr82 [10.1K]

For the year ended December 31, 2018, the warranty-related entry would include a debit to warranty expense of $80,000.

If it's miles impracticable to determine the cumulative impact of applying a trade-in accounting principle, then the new accounting principle should be applied prospectively as of the earliest date practicable. in this situation, the disclosures discussed in FSP 30.4.

Cumulative effect equals the difference between the actual retained profits suggested at the beginning of the yr using the antique approach and the retained income that would have been reported at the start of the year if the brand-new technique had been utilized in earlier years.

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8 0
1 year ago
Adrian is one of several engineers applying for a job recently advertised on the internet. While writing his email cover letter,
umka2103 [35]

Adrian is one of several engineers applying for a job recently advertised on the internet. While writing his email cover letter, adrian should identify the position applied for in the project line.

In an email  while applying for any job, jobseeker should use the job title as the subject line, so  that the employer get to  know what position the jobseekers are interested in.

That helps the  busy hiring managers who are recruiting for multiple positions to  see at a glance which job jobseeker are applying for.

Mentioning the job title which  is also helpful in the case there is an automated filter that categorizes the hiring manager’s email. With the right subject line, jobseeker will be sure that his application is placed in the appropriate folder to be seen in a timely manner.

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7 0
1 year ago
Each year statistics are published giving the number of persons killed in highway accidents in the u.s.a. the total for last yea
kogti [31]
<span> the number of persons killed in highway accidents in the u.s.a. in 2016 was: 40,000The number of this deaths has been increased for about 6% compared to the previous year. This makes 2016 so far became the deadliest year in term of highway accidents</span>
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3 years ago
What two measures are used to describe the problems of growth and economic instability
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The two measures of instability in economic growth are high unemployment rates and inflation
6 0
3 years ago
5 Make versus buy, activity-based costing. The Svenson Corporation manufactures cellular modems. It manufactures its own cellula
zmey [24]

Answer:

See below

Explanation:

Expected manufacturing costs 2018:

Direct materials $170 × 10,000 = $1,700,000

Direct labor $45 per unit × 10,000 = $450,000

Variable overhead per batch 1,500 × 80 = $120,000

Fixed overhead:

Avoidable $320,000

Not avoidable $800,000

1. Calculate that total expected manufacturing cost per unit of making CMCBs in 2018

= $1,700,000 + $450,000 + $120,000 + $320,000 + $800,000

= $3,390,000

Cost per unit = $3,390,000/10,000 units

= $339 per unit

2. Svenson should keep manufacturing the CMCBs

Costs if CMCBs are purchased from Minton = ($300 × 10,000) + $800,000

= $3,000,000 + $800,000

= $3,800,000

It means that the cost of purchasing is $410,000 [ $3,390,000 - $3,800,000] higher than the cost of manufacturing.

5 0
2 years ago
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