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oee [108]
1 year ago
6

Which type of variance causes operating income to be greater than the budgeted operating income?

Business
1 answer:
ivann1987 [24]1 year ago
7 0

Favorable variance is the variance causes operating income to be greater than the budgeted operating income.

A favorable variance is wherein real income is greater than budget, or real expenditure is less than budget. That is similar to a surplus in which expenditure is much less than the available earnings.

Is Favorable variance usually accurate?

Favorable variances are defined as either generating greater revenue than expected or incurring fewer fees than expected. Damaging variances are the other. Much less revenue is generated or greater prices incurred. Either may be correct or terrible, as these variances are based on a budgeted amount.

How do you inform if a variance is favorable variance or destructive?

If sales have been better than expected, or expenses were decrease, the variance is  favorable variance. If sales have been decrease than budgeted or costs were better, the variance is detrimental.

Learn more about  favorable variance here:- brainly.com/question/28268911

#SPJ4

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The survival of an organization depends on not just how productive the organization is, but also on ________. which products the
hjlf

Answer:

on what they produce, yh

7 0
3 years ago
Which of the following are present value methods of analyzing capital investment proposals? a. internal rate of return and avera
Dmitriy789 [7]

Answer:

C) Net present value and internal rate of return

Explanation:

Of the methods discussed, cash payback and average rate pf return does not take into account the time value of money. Cash payback and ARR basically only use the cash flows and profits in relevance to the investment.

Net present value as the name suggests, discounts these cash flows and then subtracts the initial outlay costs and Internal rate of return also discounts the project cash flows so that they equal zero. Thus these two are the options that take into account the time value. IRR often is calculated by discounting cash flows at different rates until the NPV = 0.

Hope that helps.

8 0
3 years ago
Explain the monopolist Describe and/or analyze graphically the firm’s profit-maximizing,Break-even, and shut-down conditions Des
Lina20 [59]

Answer:

The overview of the given scenario is described in the explanation segment below.

Explanation:

The monopoly seems to be the owner and manager of the sole business that operates on either the marketplace (Industry).

The monopolist becomes making an extraordinary income. Balance requirements become MC = MR, MC reductions MR from underneath the.

The breakeven point would be where the expense of Average is equivalent to the value (Average Revenue-AR)

Closing down portion would be when the company is unable to cover the AR Cost i.e.

⇒  AR < AVC.

The normal monopoly would be when it has a large competitive edge over all the future entrants as either a barrier to the entrance of just about any new company, which prohibits any new installment including its company into the sector. It may even be attributable to someone's power over manufactured goods or perhaps the possession of environmental assets.

The limits of monopoly power are given below:

  • This power is limited to something like the possibility of competitors.
  • If alternatives are present mostly on the market, it's been difficult to retain the monopoly.
  • Law facilitates the possibility of monopoly power.

7 0
3 years ago
Which of the following is not a role of accounting in business?
Kipish [7]

Answer:

The correct answer is letter "D": To personally guarantee loans of the business.

Explanation:

Accounting is the recording of financial transactions of a business or organization. It also includes the process of summarizing, analyzing and reporting these transactions -given a method- in financial statements. The financial statements that accountants create provide critical information for many key people such as managers, stakeholders, and the corresponding agencies of the government.

However, <em>securing a loan for a company will rely on the credit history of the institution which directly does not involve one of the functions of corporate accounting.</em>

5 0
3 years ago
An amount due to a company from another party is recorded by the company as a(n) ____ A. cash flow
dolphi86 [110]

Answer: D. Receivable

Explanation:

I just did it rn lol

8 0
2 years ago
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