1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
victus00 [196]
2 years ago
7

All of the following are true regarding variance investigation except: a.every variance is investigated. b.managers must conside

r whether a variance will recur. c.it is difficult to assess the costs and benefits of variance analysis on a case-by-case basis. d.variances are not investigated unless they are large enough to be of concern. e.the investigation should be undertaken only if the anticipated benefits are greater than the expected costs.
Business
1 answer:
MariettaO [177]2 years ago
3 0

Answer:

The option that is not true about variance investigation is A) every variance is investigated.

Explanation:

Every business projection and forecast is made based on speculation. These estimates in theory vary with what is obtainable in practice. Therefore, variance is inevitable.

It is not every variance that is investigated. Variances are not investigated unless they are large enough to be of concern and the investigation should be undertaken only if the anticipated benefits are greater than the expected costs.

Variance investigation models are concerned with decisions to investigate the cause of particular variances and in particular, to distinguish significant deviations from random fluctuations.

You might be interested in
4. Tom Busby owes $20,000 now. A lender will carry the debt for four more years at 8 percent interest. That is, in this particul
bezimeni [28]

Answer:

Tom Busby

His annual payment will be:

= $4,091.64

Explanation:

a) Data:

Loan = $20,000

Interest on loan for 4 years = 8% per annum

Amount of loan after 4 years = $27,200 ($20,000 * 1.360)

Payment period = 12 years

Interest rate during payment period = 11%

b) From online finance calculator:

You will need to pay $4,091 every year for 12 years to payoff the debt at 11% interest.

Monthly Payment $340.97

Annual Payment  $4,091.64

Time Required to Clear Debt 12.00 years

Total of 144 or 12 Payments = $49,099.25

Total Interest $21,899.25

8 0
3 years ago
Why is it easier to quantify paid work done outside the home over unpaid housework and childcare?
diamong [38]
<span>It is easier to quantify paid work done outside the home over unpaid housework and childcare because traditional means of tracking economic activity, such as the gross domestic product (GDP) can be used. Housework on the other hand is not easily measurable because the traditional means of tracking economic activity  do not take account of non-exchange, non-market household activity. </span>
6 0
3 years ago
The following information is available for Shanika Company for 20Y6: Inventories January 1 December 31 Materials $457,760 $563,0
Len [333]

Answer:

<h2>Shanika Company </h2>

Statement of Cost of Goods Manufactured For the Year Ended December 31, 20Y6:

Materials:

Beginning Inventory              $457,760

Purchases                                 850,190

Cost of materials available $1,307,950

Less Ending Inventory            563,040

Cost of materials used                          $744,910

Beginning Work in process                    823,970

Direct Labor                                            867,080

Factory Overhead                                  298,430

Less Ending Work in process               (765,730)

Cost of goods manufactured          $1,968,660

Explanation:

1) Data and Calculations:

a) Shanika Company for 20Y6:

Inventories          January 1     December 31

Materials               $457,760      $563,040

Work in process     823,970         765,730

Finished goods       791,920         782,630

Advertising expense $382,300

Depreciation expense-office equipment 54,050

Depreciation expense-factory equipment 72,630

Direct labor 867,080

Heat, light, and power-factory 28,720

Indirect labor 101,350

Materials purchased 850,190

Office salaries expense 296,720

Property taxes-factory 23,650

Property taxes-headquarters building 48,980

Rent expense-factory 39,980

Sales 3,980,690

Sales salaries expense 488,720

Supplies-factory 19,710

Miscellaneous costs-factory 12,390

b) Factory Overhead:

Depreciation expense       $72,630

Heat, light, and power         28,720

Indirect labor                       101,350  

Property taxes-factory        23,650

Rent expense-factory         39,980

Supplies-factory                    19,710

Miscellaneous costs            12,390

Total Factory overhead $298,430

c) The cost of goods manufactured is made up of the costs of materials, direct labor, work in process, and manufacturing overhead.

4 0
3 years ago
Which global environmental problem may be worsened by the use of gas hydrates as an energy source?
monitta
<span>The energy source in gas hydrates is methane, which is trapped inside of ice. Extraction of the methane may result in leakage of small amounts of methane. This is a potential global environmental problem because methane is a very potent greenhouse gas.</span>
6 0
3 years ago
Which kind of economic system does a socialist country have?
Ann [662]
The answer is D) mixed
5 0
3 years ago
Read 2 more answers
Other questions:
  • Which statement best explains how manufacturers contributed to the economic slowdown that led to the Great Depression? a They we
    10·1 answer
  • Carver Packing Company reports total contribution margin of $95,400 and pretax net income of $21,200 for the current month. In t
    9·1 answer
  • A method of saving that allows easy access to the money at low risk in case of emergency is A. a 401(k) account. B. home equity.
    15·1 answer
  • Which of the following statements regarding a balanced scorecard is correct? Multiple Choice A balanced scorecard includes non-f
    8·1 answer
  • You have decided to open a pet store and have engaged in a contract with Dog N' Cat Centers, Inc. You and the company have drawn
    5·1 answer
  • started with total assets of and total liabilities of . At the end of ​, total assets stood at and total liabilities were . Requ
    10·1 answer
  • Mohammad was an employee in the new product development department of Estay Inc. Mohammad was directly involved in the developme
    14·1 answer
  • Kicks corporation sells running shoes and during janurary they ran production machines for 20000 total hours and incurred 9000 i
    9·1 answer
  • Hello I need help please
    7·2 answers
  • The process of figuring out how much an amount that you expect to receive in the future is worth today is called:.
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!