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Category > Statistics Posted 03 May 2017 My Price 5.00

Which of the following should a firm use

14-8       Which of the following should a firm use as the standard in assessing production efficiencies: stand- ards based on ideal performance, standards based on attainable performance, or standards based on the average of recent historical performance? Explain.

14-9       Why does management need to separate direct labor variances into rate and efficiency components?

14-10    The manager of a firm is happy to receive a report that shows a favorable total materials variance of

$75. The manager decides that no more action is needed since the total variance is such an insignifi- cant amount for an operation that has a total direct materials cost of over $100,000. Do you agree?

 

 

 

 

Answers

(8)
Status NEW Posted 03 May 2017 09:05 AM My Price 5.00

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