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What is the basic difference between account analysis method and high-low method as applied in cost estimation?
The basic difference between the account analysis method and the high-low method in cost estimation lies in their approach to identifying fixed and variable costs. The account analysis method involves a detailed review of each account in the financial records to classify costs based on their nature, while the high-low method uses only the highest and lowest activity levels to estimate variable and fixed costs, making it simpler but potentially less accurate. The account analysis method provides a more comprehensive view, whereas the high-low method is quicker but may overlook variations within the data.
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If actual overhead for the year is 33451 and applied overhead is 32000 is the overhead variance over applied or under applied assuming the amount is immaterial how would you dispose of the variance?
Difference between actual overhead and applied overhead is as follows: Difference = 33451 - 32000 = 1450 Difference of variance will be charged to income statement.
In a process costing system what account is debited when manufacturing overhead costs are applied to the cost of production?
the finished goods inventroy account
Is interest applied to the saving account?
Yes, most savings accounts pay interest.
What is the term applied to writing off the cost for minerals removed from a mine to an expense account?
depeletion?
What is the Difference between actual overhead costs and overhead costs applied?
The Actual overhead is calculated throughout the Production cycle for indirect cost associated to the production and the overhead costs applied is based on the fixed rate assigned against the machine or labour hours to be calculated for the difference b/w two are called under or over applied.
What is the difference between statutory analysis and case law analysis?
Statutory analysis involves interpreting and applying laws and statutes created by legislatures. Case law analysis involves examining court decisions and past rulings to understand how legal principles have been applied in specific situations. The key difference is that statutory analysis focuses on legislative intent and written laws, while case law analysis looks at how legal principles have been interpreted and applied by courts.
When was Journal of Applied Behavior Analysis created?
Journal of Applied Behavior Analysis was created in 1968.
What analysis methods cannot be applied to experimental research?
which analysis method cannot be applied to experimental research
What is the main difference between Experimental Analysis of Behavior and Applied Behavior Analysis?
Behavior analysis consists of 3 main areas of study that are distinctive (behaviorism, experimental analysis of behavior, and applied behavior analysis). Experimental analysis of behavior was created by B.F. Skinner and involves clinical or laboratory experiments that demonstrate basic principles of behavior. Applied behavior analysis derived from experimental analysis and involves applying the basic principles in invidual's natural settings. Basically, the settings and some methodoligies used for experimental control are different.
What does applied behavioral analysis do in the modern perspective?
Applied behavior analysis focuses on the principles that explain how learning takes place in the modern perspective. Applied behavioral analysis is widely recognized as a safe and effective treatment for autism.
What is the difference between Value Management and Value Engineering?
Value analysis is "A Systematic and objective evaluation of the value of a goods or service, focusing on analysis of function relative to the cost of manufacturing or providing the items or service". value analysis provides insight into the inherent worth of final goods or service, possibly altering specifications and quality requirements that could reduce costs without impairing functional suitability. Value engineering is "Value analysis conducted at the design engineering stage of the product development process." In summary value analysis refers to the analysis of an existing product, service or administrative process while Value engineering refers to the same analysis applied to the product ,services or administrative processes that are under design and have not been finalised.
What is mesh analysis?
Mesh analysis is a method to solve a circuit. when a circuit is planer then mesh analysis can be applied in this circuit otherwise it can not be applied. For non planer circuit nodal analysis can help to determine current or voltage. Mesh analysis reduces the equations to get current.
What is the difference between applied courses and academic courses?
The difference of academic and applied courses is that: ACADEMIC- gets you to university APPLIED- get you to college
Who is the radical behaviorist and the root of Applied Behavior Analysis?
B.F Skinner is known as the radical behaviorist. He was the first to suggest such theories as well. He is also the root of Applied Behavior Analysis.
When do you know the 2 deposits are in your account you applied dec 22 2009?
After you check your account
How is system analysis and design applied in all fields of life?
discipline
What are the benefits or advantages of numerical analysis?
Numerical analysis provides powerful tools for solving mathematical problems that may be difficult or impossible to tackle analytically, especially in applied fields like engineering and physics. It allows for the approximation of solutions to complex equations, enabling practical applications in simulations, modeling, and data analysis. Additionally, numerical methods can handle large datasets and provide insights into system behavior, ultimately enhancing decision-making and optimization processes. Furthermore, it aids in error estimation and convergence analysis, ensuring the reliability of results.
