Gilbert pic is a furniture manufacturer. How would he classify the following cos-新东方在线职业题库

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Gilbert pic is a furniture manufacturer. How would he classify the following costs?

Cost Fixed Variable Semi-variable

Director’s salary

Wood

Rent of factory

Phone bill - includes a line rental

Factory workers wage

Chapter4Costclassification

Cost Fixed Variable Semi-varble

Director’s salary 对

Wood 对

Rent of factory 对

Phone bill - includes a line rental 对

Factory workers wage 对

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What does an adverse variable overhead efficiency variance indicate and what might be the cause?

Explain briefly the possible causes of

(i) A favourable material usage variance

(ii) A favourable labour rate variance

(iii) An adverse sales volume contribution variance.

What is the relationship between the labour efficiency variance and the variable overhead efficiency variance? Why might the monetary value be different?

Explain the meaning and relevance of interdependence of variances when reporting to managers.

A balanced scorecard measures performance 什om four perspectives: customer satisfaction, growth, financial success and process efficiency. Briefly explain these processes.

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