QUESTION
Discuss Variance Investigation 300 words Davenport University ACC 640 Week 4
Category: Business
Subject: Accounting
Due Date: 07/17/2014
Question Asked: 2014-07-03 05:35:10
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User: ZAZU2014
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Discuss Variance Investigation 300 words Davenport University ACC 640 Week 4 discussion questions.
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Discuss Variance Investigation 300 words Davenport University ACC 640 Week 4
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Posted on 2014-07-03 05:35:10
Posted by:
User: ZAZU2014
Rating: C+ (1)
earnings: $11.00
Questions: 60
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...th positive and negative. In theory, the positive variances are good news because they mean spending less than budgeted. The negative variance means spending more than the budget.[Bplan 2012] When actual costs exceed standard costs, the variance is unfavorable and If actual costs are less than standard costs, the variance is favorable. A favorable variance has a positive connotation. A good rule of thumb would be that the management could use standard deviation in order to make a decision of which variances should be used. Management should also then decide how many standard ...
The full tutorial is about 517 words long.