Cost Variance Analysis Presented by : Edmund C. Cabrera MBA Student Universidad de Manila Definitions STANDARD COSTS – are predetermined or target unit costs of production which should be attained under efficient conditions. It is the amount and costs of direct material‚ direct labor‚ and factory overhead required to produce one unit of finished product. STANDARD COST SYSTEM – is an accounting system which uses standard costs rather than actual costs to account for units as they flow through
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BUS 173 Assignment 2 Prepared For: Md. Siddique Hossain (Sqh) Answer to the question no 01 Inference Regarding the population variance‚ σ 2 An important area of statistic is concern with making inference about the population variance. Knowledge of population variability is an important element of statistical analysis. Two possibilities arise For example. A) For a car rental agency . * Tires with low variability’s is preferred compared with durable lives with high variability
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Increasing the stimulus amplitude will increase the contraction force. Due to two conditions being satisfied: (1) the strength of the contraction force is changed through varying the number of muscle cells utilized for the contraction and/or varying the frequency of the stimulus‚ and (2) there is a distribution of the stimulus amplitude necessary to cause an action potential in the muscle cells‚ increasing the stimulus amplitude makes it likely that a potentially larger number of muscle cells will
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to an intermediate state where the rate of the forward reaction and the rate of the reverse reaction equal each other. At this point‚ the concentrations do not change with time. These reactions are said to be in equilibrium. Equilibrium is depended on a particular temperature‚ and the concentrations of reactants and products have to follow a rule demonstrated by the equilibrium constant Kc. The equilibrium concentrations that will be studied is the reaction between iron (III) ion and thiocyanate
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living in urban areas will be much better in urban areas. • Natural increase caused by a decrease in death rates while birth rates remain high. Effects of Urbanization • A range of economic‚ political‚social‚ cultural and environmental factors affect urbanization. • Urbanization is encouraged socially and culturally through the media .Socio-cultural impacts • Cities have a strong socio-cultural impacts on their surrounding rural areas. The mass media depicts city life as superior
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Jaclyn Edwards MGMT 3180 Chap 2 Assignment May 30‚ 2013 Held Hostage 1. I was quite shocked with the aggressiveness of the French workers‚ however feel like if you want to get something done then go for it‚ however this could be very dangerous for the executives. Like the text said the actions of employees could become violent especially if they feel they have nothing to lose. I think my reaction to these events are influenced by my culture‚ because if that were to happen in the United
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"Based on a chi-square test for independence‚ the working class differed from the middle class in the distribution of religious identification‚ χ2(4‚ N = 100) = 11.73‚ p < .05." Of the total population‚ the percentage of agnostics‚ atheists‚ and others wasAnswer | | | | | Selected Answer: | (8 + 7 + 4)/34 = 56%. | | | | | * Question 3 2.5 out of 2.5 points | | | The items below are based on the following scenario. A study explored the relation between whether a person
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INCREASING CRIMES/SUICIDES AMONG THE YOUTH OF INDIA. INCREASING CRIME RATES AMONG THE YOUTH IN INDIA. Introduction: Open any newspaper or tune into any news channel and you can be pretty sure to stumble upon crimes of all sorts ranging from petty thefts to dacoity‚ murder‚ terrorism‚ sexual crimes and the like. The statistics show that the miscreants have been found quite focused and determined at their jobs. In India for instance‚ as per the National Crime Records Bureau‚ incidences of crime
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– The Constant Gardener In the article “The Constant Gardener: What the Movie Missed” by Sonia Shah‚ she talks about the issues and concerns of new drugs being tested on people in developing countries such as Latin America‚ Eastern Europe‚ Asia and Africa. In Shah’s essay she brings up two convincing arguments against these experiments. One argument Shah speaks on is that in the movie The Constant Gardener the seriousness of the possible danger in these experiments is not well depicted. She argues
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figure for food was £50 which leads to the variance which was £100 and this is favourable as B.A are saving money and the cost is lower than expected figure which is favourable. On the other hand‚ Adverse or unfavourable variances in B.A are when the actual figures are higher than the budget. One problem in the budget for B.A is fuel shown above in the table‚ as the produced budget for this was £850 but the actual figure was £1000‚ leading to the variance of £150. This was adverse for B.A as the actual
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