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What is variable overhead spending?
Variable overhead spending refers to the costs incurred by a company that vary with production levels, such as utilities, indirect materials, and supplies. Unlike fixed overhead costs, which remain constant regardless of output, variable overhead costs fluctuate based on the volume of goods produced. Effective management of variable overhead spending is crucial for maintaining profitability and operational efficiency, as it directly impacts overall production costs. Companies often analyze these costs to identify areas for potential savings and to improve budgeting accuracy.
If the controllable overhead variance is favorable the overhead volume variance?
volume variance relates to Fixed cost absorption, where as controllable variances arise due difference in actual variable spending per activity measure.
What are Examples of nugatory expenditure?
Nugatory expenditure refers to spending that is considered trivial or worthless. Examples include purchasing inexpensive novelty items that provide minimal value, such as a cheap trinket or a single-use gadget. Other instances might include spending on minor subscription services that are rarely used, or excessive spending on luxury items that have little practical benefit. These expenditures often do not contribute significantly to overall well-being or financial goals.
What effects retained earnings other than dividends and net income?
Any ones quessRetained earnings are affected in a myriad of ways 1. Sales volume down thereby affecting revenue.2. Outstanding bills not being collected .3. Overspending ( excessive liability ).4. Operational assets not turning a net profit.5. Operational costs overbudening.6. Internal budget controls gone awry.7. Not spending enough on assets.
What can be removed from a budget if spending is higher than income?
Discretionary spending
What condition prompted change in the Soviet union?
food shortages and excessive military spending
What is a Synonym for excessive partying or spending?
extravagant, spendthrift, squander
Which is most likely to be affected by changes in the rate of interest?
investment spending
If the controllable overhead variance is favorable the overhead volume variance?
volume variance relates to Fixed cost absorption, where as controllable variances arise due difference in actual variable spending per activity measure.
How is the economy affected when the stock market does well?
it improves with added consumer confidence and spending
What is a good sentence using the word degradation?
Due to the degradation of the economy, the spending habits of the American public have potentially changed forever and excessive spending on luxury items may no longer be a trend.
What affected Ford's economic policy have on the economy?
Inflation went down due to the spending cuts
How can I manage my OCD tendencies when it comes to spending money?
To manage OCD tendencies related to spending money, you can create a budget, set limits on spending, track your expenses, and seek support from a therapist or counselor. It's important to identify triggers and develop healthy coping strategies to avoid impulsive or excessive spending.
How might the rise of department stores and mail-order catalogs have affected Americans spending habits?
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How might the rise of department stores and mail order catalogs have affected Americans spending habits?
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How did Barack Obama impact peoples lives?
He has impacted people's lives, negatively, by hindering the economy from growing through over bearing government interference through excessive regulations or threat of excessive regulations on businesses and increasing the national debt by through excessive government spending and overburdening the private sector with the responsibility of paying for the excessive spending through onerous taxation. He has also impacted people's lives by enacting policies that stifle job growth while at the same time encouraging dependence on government.
What is variable manufacturing overhead spending variance?
Act. Hr x (Std. Rate - Act. Rate) actual hours times standart rate minus actual rate
