What does an adverse variable overhead efficiency variance indicate and what mig-新东方在线职业题库

新东方在线题库 > ACCA英国注册会计师试题 > F2 > Chapter20-22 > What does...

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

Chapter20Standardcosting

Variable overhead

It indicates that the work completed took longer than it should have done. It could be caused by employing semi-skilled workers instead of skilled workers who will take longer to complete the job.

多做几道

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.

最新试题

该科目易错题

该题目相似题

In which ways do management accountants helps manager of a business? YES NOControl Plan Co-ordinate Make decisions Motivate
Referring to the graph which statements are true and which are false? True FalseArea 3 shows the best performance in Q3 Area 2 sales are consistent quarter on quarter Q4 has the largest volume of sales across all areas Area 1 shows the best performance in Q2
George pic makes stationery. How would he classify the following costs?Cost Production Administration DistributionPurchases of plastic to make pens Managing director's bonus Depreciation of factory machinery Salaries of factory workers Insurance of sales team cars
Your firm values inventory using the weighted average cost method. At 1 October 20X8, there were 60 units in inventory valued at $12 each. On 8 October, 40 units were purchased for $15 each, and a further 50 units were purchased for $18 each on 14 October. On 21 October, 75 units were sold for $1,200.What was the value of closing inventory at 31 October 20X8? $ O
Quality control costs can be categorised into internal and external failure costs, inspection costs and prevention costs. In which of these four classifications would the following costs be included?The costs of a customer service teamThe cost of equipment maintenanceThe cost of operating test equipment Internal failure costs External failure costs Inspection costs Prevention costsCost of the a customer service team Cost of equipment maintenance Cost of operating test equipment
Explain what is meant by a flexible budget
Explain what is meant by a flexed budget
Describe four types of standard.
What would an adverse materials price variance and a favourable materials usage variance indicate and what might this be caused by?
Discuss one potential problem that might be experienced as a result of using ROI to appraise the performance of the divisions.Recommend one alternative performance measure that could be used to address this problem.