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Roman55 [17]
1 year ago
6

The difference between the actual cost incurred and the standard cost is called the?

Business
1 answer:
Taya2010 [7]1 year ago
4 0

A Standard Cost Variance is a difference between the actual cost incurred and the standard cost against which it is measured.

The main difference between normal costing and standard costing is that normal costing uses actual costs for material and direct labor costs, whereas standard costing uses predefined costs for these two items. That's it.

This difference between standard cost and actual cost is called variance. An unfavorable variance occurs if the actual cost is higher than the standard.

The main difference between marginal costing and standard costing is that marginal cost is a subset of standard cost and standard is a superset of marginal costing. Description: Standard costing is a costing method and there are two types of costing methods.

Learn more about Standard Cost Variance here: brainly.com/question/25790358

#SPJ4

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United Technologies is a good example of a​ ________ strategy because it uses individual or separate family brand​ names, includ
Andrew [12]

Answer:

e. house of brands

Explanation:

House of brands is when a company has many brands. Each one is independent, with its own target audience. They each communicate a unique brand value to customers.

United Technologies has adopted this strategy by developing various brands: Otis Elevators, Carrier Heaters and Air-conditioners, Sundstrand Aerospace, and Sikorsky Helicopters.

8 0
3 years ago
Layne wants to set up her PivotTable to show how her total sales were distributed across the
Sav [38]

The command that would help to show the total sales distributed in the month that she wants to see is the Show Field List.

<h3>What is the show field list?</h3>

This is the command that tells the spreadsheet that you want to view the values that are in a field.

This command would show the list after you carry out the action of right clicking on the pivot table.

Read more on the pivot table here:brainly.com/question/15214258

7 0
2 years ago
From 2000 to 2003, the number of employees at a certain company increased by a factor of 1/4. From 2003 to 2006, the number of e
Rina8888 [55]

Answer:

Let's assume that "X" be the number of employees in 2000.

∵ it's given :

From 2000 to 2003: the number of employees increased by a factor of 1/4

From 2003 to 2006: the number of employees decreased by a factor of 1/3

∴ We can equate the following details:

X×(increase in employee)×(decrease in employee) = 100

X×(1+\frac{1}{4})×(1-\frac{1}{3}) = 100  

X×(\frac{5}{4})×(\frac{2}{3}) = 100  

X×(\frac{10}{12}) = 100  

X = 100×(\frac{12}{10})  

<em>X = 120  </em>

<u><em>Therefore, the correct option is (b)</em></u>

6 0
3 years ago
A successful biologist’s main interest area would be _____.
SpyIntel [72]

it would be scientific

8 0
3 years ago
Starling Inc. is a public stock company that provides natural gas for businesses. Although this company generates a large profit
erik [133]

Answer:

Have defined value creation too narrowly in terms of financial performance thereby contributing to black swan events ( B )

Explanation:

Black swan events are events that come as a surprise to a company or individual with great / devastating effects and these events are usually due to inappropriate foresight to the problem.

A company that generates huge profits is not supposed to reduce the maintenance budget because ill maintained equipment will not result to efficient production and huge profits. the leaking of their pipelines and the significant environmental problem is an example of the Black swan event due to the trimming of maintenance budget by the Management.

6 0
3 years ago
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