Answer:
Explanation:
Variance analysis studies the relationship between actual and budgeted cost for business activities. Variance analysis helps the management in two ways;
Favorable - if the actual cost incurred is less than the budgeted cost, the difference amount is a saving for the company.
Unfavorable - if the actual cost is more than the budgeted cost, the difference is an extra expenditure for the company.
Flexible budget;
- The flexible budget is prepared at different levels of volume that was initially projected by the master budget.
- It is highly styled and more useful than the master budget.
The report showing the Activity and Spending Variances for march is given in the file attached below, in other not to cause confusion. Thank you.
Answer:
$65,000 Favorable
Explanation:
- Volume variance compute the difference due to volume of sales budgeted and actual sales qty.
- Budgeted Selling pricec =780000 /12000 = 65
- Sales volume variance = Budgeted Selling price (Actual sales qty-Budgeted Sales qty)
65.00 (13000-12000) = 65000 Fav
Answer is $ 65000 Favorable
Please help me! This is due tomorrow and I really need some help! Thank you.
Answer:
<u>Bridging relationships</u>
Explanation:
Social networking analysis refers to analyzing the interaction between different social groups, people and individuals of an organization.
Such an analysis establishes linkage between diverse people who differ in their attitudes, beliefs and demeanor.
Such an analysis is aimed at gaining an understanding of a group and it's dynamics, it's key members and deciphering the nature of their association.
Bridging relationships refers to bridging or reducing the gap between a group and laying emphasis upon the relations via which diverse people are interconnected and information is shared between them.
