Q: for Julu that includor reveDue and spending variances and activity variances. (Indicate
A:
Q: Which of the following is FALSE regarding variances? O A favorable variance, when it occurred, are…
A: The method of costing used to determine deviations is referred to as standard costing. The standard…
Q: What is the direct labor (a) rate variance, (b) time variance, and (c) cost variance? Round your…
A: Formula: Direct Labor Rate Variance= (SR-AR)AT Direct Labor Time Variance= (ST-AT)SR Direct Labor…
Q: The benchmark subtracted from the actual account expense is known variance
A: Benchmark represents the standard set by the company to be achieved in the future. The variance…
Q: Calculate the variances and the standard deviations for Cherry and Straw. (D intermediate…
A: Variance: It is a statistical measure of the spread between the numbers in a set of data. For…
Q: Explain the meaning of the joint price-quantity variance.
A: Joint price-quantity variance: Variances are the difference between the actual results and the…
Q: Co-Variance of A & B is 28. Risk of Investment A is 5 while that of B is 6.25. Corelation will be…
A: Given:Co-Variance of A&B=28Risk of investment A=5Risk of investment B=6.25To…
Q: Use the following returns for X and Y. Returns Year X Y 1. 21.8% 26.4% 2. -16.8 -3.8 3. 9.8 28.4 4.…
A: Here, Note: Here, we are considering the given data as a sample data, hence applying the formula of…
Q: b) Why are separate price and quantity variances computed?
A: Variances is a word used for finding out the difference between the actual and standard levels set…
Q: TOTAL DM Variance,
A: Standard costing is used to determine the estimated expenses for the production process. In this…
Q: Calculate the range, the expected rate of return, the variance, and the standard deviation for the…
A: The range is the difference between the highest and the lowest value.
Q: Assume that every asset has the same expected return and variance. Furthermore, all assets have the…
A: Variance is a statistical tool used to measure the extent to which the returns are spread from the…
Q: Thestandard error of the mean is equal to:a.the sample variance divided by the sample size.b.the…
A: Standard error of the mean (SEM) is a measure of the difference between the mean of the sample and…
Q: Consider the data scores 8, 9, 13, 20, and 25. Solve for the Range, Mean, Standard Deviation and…
A: The range, mean, standard deviation and variance are the terms used to analyse the nature of the…
Q: 1 F or 11,111 U Total gross profit variance = Price varianc
A: Price variance refers to the actual unit cost of an item bought deducted from its standard cost and…
Q: Use the following returns for X and Y. Returns Year X Y 1 22.7 % 29.1 % 2 – 17.7…
A: Return means the amount received over the amount invested. Basically it shows the gain percentage or…
Q: Returns Year X y 1 17 % 20 % 2 20 32 3 11 15 4 – 7 – 18…
A: arithmetic average =sum of return/5 Arithmetic average =17+20+11-7+10/5=51/5=10.2 Arithmetic average…
Q: of the following set of terms describes the same type of variance? a)Usage variance, efficiency…
A: The variance is the difference between the actual data and standard output of the production.
Q: Which of the following variances are most similar with respect to the manner in which they are…
A: Cost Accounting: It is the process of collecting, recording, analyzing the cost, summarizing cost,…
Q: A statistical control chart is best used for determining: A. direct-material price variances. B.…
A: Cost Accounting: It is the process of collecting, recording, analyzing the cost, summarizing cost,…
Q: Calculate the coefficient of variation for a set of data with standard deviation of 4.2, number of…
A: The coefficient of variation is a ratio calculated by dividing the standard deviation by the mean.…
Q: The variance and mean of salaries of a sample of employees are OMR (6084) and (918.5) respectively.…
A: Coefficient of Variation =100* Standard Deviation/Mean Variance of Salariies = OMR 6084 Standard…
Q: Calculate the variance and standard deviation of each stock
A: The Variance will be ascertained by taking taking square of the differences between each case return…
Q: According to mean-variance rule A. The expected return of X is at least equal to the expected return…
A: As per Mean Variance Rule, For same level of return, investor choose one with lower variance and for…
Q: A D 1 Chapter 09: Applying Excel 2 3 Data Exhibit 9-8: Standard Cost Card 4 Inputs Standard Quantity…
A: Direct Material price variance = (Actual price per pound - Standard price per pound)*Actual quantity…
Q: Based on the information, calculate expected returns for each share, variance for each share and…
A: Here we are provided with 4 different possible outcomes/situations, the probability of each outcome…
Q: sider the following two sets of data: A = [0.5, -0.6, 0.1, 10] & B = [6, 4, 4.5, 5.5]. Which data…
A: Variance is a measure of risk in finance terms. Variance measures degree of spread for a given data.
Q: Cost Price Variance E.) Cost Volume Variance F.) Total Gross Profit Variance G.) Price Variance H.)…
A: The calculation of different variances and analysis if favourable or unfavourable are shown…
Q: Suppose an investment is equally likely to have a 30% return or a -5% return. The variance on the…
A: 50% of probability of both returns Return 1 = 30% Return 2 = -5%
Q: Which of the following set of terms describes the same type of variance? Price variance, rate…
A: The variance is calculated as difference between the actual results and standard output.
Q: (b) Explain the reasons why Carad Co would be interested in the material price planning variance and…
A: The variations between predicted and actual results of a manufacturing process or other commercial…
Q: The sales price factor shows a variance of * D
A: Variance caused by selling price in total sales is known as sales price Variance. Formula: Sales…
Q: The Flexible-Budget Variance is the sum of a. The static-budget variance and the sales-volume…
A: Flexible-Budget Variance = Actual results - Flexible results
Q: Pick out the two most significant variances that you computed in (1) above. Explain tMs. Dunn…
A: The difference between the standard figures and the actual results are called variances.
Q: Requirement: Compute for the following variances 1. Fixed Spending Variance 2. Variable Spending…
A: Lets understand the basics. Fixed overhead spending variance indicates the variance between the…
Q: The sales price factor shows a variance of
A: Sales price variance is the variance how much the deviation has been made during the year. It means…
Q: Use the following returns for X and Y. Returns Year x y 1 21.8% 26.4% 2 -16.8 -3.8 3 9.8 28.4…
A: Average return refers to the mean value of returns that an asset has provided over past years and…
Q: A diagram showing interrelationships between two or more variables is called a
A: Histogram - Histogram is graphical display of data using bars. In histogram each bar groups numbers…
Q: a. Break down the material cost variance into different related variances: price variance, usage…
A: Variance analysis: It is the technique in budgeting that allows for analysis of the variances…
Q: In performing Variance Analysis for Direct Material costs, the variances include Price and Rate…
A: While performing Variance analysis for Direct Material Costs include Direct Material Price Variance…
Q: Required: Use the variance formulas to compute the following variances. (Indicate the effect of each…
A: Variable-overhead spending variance $54,000 U Variable-overhead efficiency variance $42,000 U…
Q: Which of the following is FALSE regarding variances? O A favorable variance, when it occurred, are…
A: Standard costing refers to the method of costing used to find out the variances. Standard overhead…
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- Illustrate the calculation of the standard deviation of returns?The variance and its square root, the standard deviation, are the most commonly used measures of volatility. True or FalseThe regression line in a scatterplot is also known as a(n): A. R-squared line. B. high-low line. C. outcome variable. D. linear trendline.
- (i) Calculate the mean of the probability distribution. (ii) Calculate the variance and standard deviation of this probabilitydistribution.What is the difference between arithmetic and geometric mean returns?Total risk is measured by _____ and systematic risk is measured by _____. Group of answer choices Standard deviation; variance. Standard deviation; beta. Beta; standard deviation. Alpha; beta. Beta; alpha.