what causes a management and price variance as it relates to profitability

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jeff jeffy answered 13 hours ago

What are the formula of Standard costs for variance Analysis (Effieciency Variance and Price Variance) ?

Discuss in detail how budgeting relates to variance analysis.

1. Explain what HR (Human Resource) Management is and how it relates to the overall management...

1. Explain what HR (Human Resource) Management is and how it relates to the overall management process as it relates to the organization. 2. Explain the HR (Human Resource) Management responsibilities of line and staff managers. 3. Discuss crucial global and competitive trends as it relates to HR (Human Resource). 4. Discuss how managers use technological advances to improve HR (Human Resource) performance. Justify your answers, ideas and reasoning by using appropriate examples and references. A typical answer should be...

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Provide a report on what management insights are created with the ABC analysis of profitability by...

Provide a report on what management insights are created with the ABC analysis of profitability by room type. crystal coast ocean resort case

What is the direct material volume variance, direct material efficiency variance, and the direct material price...

What is the direct material volume variance, direct material efficiency variance, and the direct material price variance? Are each of these favorable or unfavorable? Use the following scenario to help answer these questions: DeFleur manufactures bicycles. The bicycles are manufactured in two divisions. In the framing division, the carbon bicycle frames are manufactured. In the assembly division, the components are assembled to the frame and the bike is ready for sale. There is no market for the unassembled frames and...

What role does consumer surplus play in the profitability of price discrimination?

What role does consumer surplus play in the profitability of price discrimination? A. Price discrimination is only profitable when the economic profit of the firm(s) exceeds consumer surplus. B. Price discrimination is only profitable when there is additional consumer surplus that can be converted to profit. C. Price discrimination is profitable regardless of whether there exists any additional consumer surplus that can be converted to profit. D. Price discrimination is only profitable when there is no additional consumer surplus that can be converted to...

direct material price variance

Direct Material Price Variance, Direct Material Quantity Variance

The following data is given for the Taylor Company:Budgeted production 1,000 unitsActual production 980 unitsMaterials:Standard price per lb $2.00Standard pounds per completed unit 12Actual pounds purchased and used in production 11,800Actual price paid for materials $23,000Labor:Standard hourly labor rate $14 per hourStandard hours allowed per completed unit 4.5Actual labor hours worked 4,560Actual total labor costs $62,928Overhead:Actual and budgeted fixed overhead $27,000Standard variable overhead rate $3.50 per standard labor hourOverhead is applied on standard labor hours.The direct material prive variance is?...

what is the causes,signs and symptoms,diagnosis and management of respiratory distress syndrome in neonate

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