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Tag: accounting

The capital budget is used for expense variance analysis by manager

June 20, 2017 mfadmin Managerial Accounting

Average Rating 0 out of 5 stars. 0 votes.You must log in to submit a review.The capital budget is used[…]

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What is the approx. total difference between monthly fixed cost calculated using the high and low months

June 20, 2017 mfadmin Managerial Accounting

Average Rating 0 out of 5 stars. 0 votes.You must log in to submit a review.What is the approx. total[…]

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What is the increase in number of rooms sold with the $10 discount to the current rack rate?

June 20, 2017 mfadmin Managerial Accounting

Average Rating 0 out of 5 stars. 0 votes.You must log in to submit a review.What is the increase in[…]

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“If actual rev exceeds budget rev, this variance is considered unfavorable”

June 20, 2017 mfadmin Managerial Accounting

Average Rating 0 out of 5 stars. 0 votes.You must log in to submit a review.“If actual rev exceeds budget[…]

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“If the CEW hotel expects to sell 3,666 rooms in Jan of the next year, what are the total costs or total expenses use low month fixed cost”,”$125

June 20, 2017 mfadmin Managerial Accounting

Average Rating 0 out of 5 stars. 0 votes.You must log in to submit a review.“If the CEW hotel expects[…]

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What is the increase in number of rooms sold with the 10% discount to current rack rate

June 20, 2017 mfadmin Managerial Accounting

Average Rating 0 out of 5 stars. 0 votes.You must log in to submit a review.What is the increase in[…]

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“If budgeted expenses exceed actual expenses, this variance is considered favorable”

June 20, 2017 mfadmin Managerial Accounting

Average Rating 0 out of 5 stars. 0 votes.You must log in to submit a review.“If budgeted expenses exceed actual[…]

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“Inelastic demand: demand is not very sensitive to price changes- that is, a price increase will lead to a relatively small drop in quantity demanded; in other words, the price increase will generate more revenue than the drop in demand loses”

June 20, 2017 mfadmin Managerial Accounting

Average Rating 0 out of 5 stars. 0 votes.You must log in to submit a review.“Inelastic demand: demand is not[…]

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Forecasting is the responsibility of only the accounting department

June 20, 2017 mfadmin Managerial Accounting

Average Rating 0 out of 5 stars. 0 votes.You must log in to submit a review.Forecasting is the responsibility of[…]

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Which of the following statements about forecasting in operations is true,”the further out the forecast period is from the date the forecast is prepared

June 20, 2017 mfadmin Managerial Accounting

Average Rating 0 out of 5 stars. 0 votes.You must log in to submit a review.Which of the following statements[…]

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