Levels Tought:
University
Teaching Since: | Apr 2017 |
Last Sign in: | 346 Weeks Ago, 1 Day Ago |
Questions Answered: | 9562 |
Tutorials Posted: | 9559 |
bachelor in business administration
Polytechnic State University Sanluis
Jan-2006 - Nov-2010
CPA
Polytechnic State University
Jan-2012 - Nov-2016
Professor
Harvard Square Academy (HS2)
Mar-2012 - Present
14-8Â Â Â Â Â Â 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.
14-9Â Â Â Â Â Â Why does management need to separate direct labor variances into rate and efficiency components?
14-10Â Â Â 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?
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