PPT-Sales Variances

Variance information useful to the Sales Force ACCT 7320 Fall 2010 1 Summary of Variances StaticBudget Variance difference between target and actual income Level 1 Horngren terminology. AS Business Studies. Aims & Objectives. Aim:. Understand variance analysis. Objectives:. Define variance analysis. Explain the causes of variance. Analyse managerial reactions to variance analysis. ©2015. University . of North Florida. All rights reserved. . Direct Material . Variances. Managerial Accounting. Prepared by Diane Tanner. University of North Florida. Chapter 45. Causes of Material Variances. 7. Flexible Budgets,. Direct-Cost Variances,. and Management Control. Basic Concepts. Variance. . difference between an actual and an expected (budgeted) amount. Management by Exception . the practice of focusing attention on areas not operating as expected (budgeted). ©2015. University . of North Florida. All rights reserved. . Direct Labor Variances. Managerial Accounting. Prepared by Diane Tanner. University of North Florida. Chapter 44. Causes of Labor Variances. 4.09. Identify . SALES METHODOLOGIES . used . in . SEM. SALES METHODOLOGIES. F. ull sales process used to generate . revenue – the “how” of selling. ADVANTAGES. DISADVANTAGES. . Initial cost is fairly cheap. Why estimate genetic variances?. Single factor mating designs. PBG 650 Advanced Plant Breeding. Why estimate genetic variances?. New crop species. ensure adequate genetic variance for selection. determine appropriate type of cultivar. normal . distributions are squared and summed. . Sampling distribution of. s. 2. The chi-square distribution results when independent variables . with normal . distributions are squared and summed. . TH. QUARTER. Sell in 4. th. quarter:. 70,000 pants. 25,000 jerseys. 9,000 award jackets. Control inventory. Manage cash. WHAT’S UP?. C&C sold more award jackets than budgeted. Managers thought that would be a good thing.. Performance Evaluation. © 2015 McGraw-Hill Education.. An accounting system that. provides information . . . . Responsibility Accounting. Relating to the. responsibilities of. individual managers.. L8(2. ): Two Sample Hypothesis Testing . 1. Objective. Understand how . to conduct appropriate . t-tests . for two independent . samples. 2. Two Independent Samples. Numerator of t statistic: . difference of sample means. Learning Objectives. Explain . standard costs and how they . are . set. Compute the direct materials price and quantity variances and explain their significance. Compute the direct labor rate and efficiency variances and explain their significance. Safety Administration . Intrastate Compatibility . Overview. Statutory Requirement. As condition of MCSAP, States are required to have compatible intrastate regulations. To extent practicable, FMCSA must have intrastate tolerance guidelines that allow States flexibility while ensuring that allowable variances will not diminish safety. into genetic evaluations. J. Vandenplas. 1,2. , N. Gengler. 1. 1. University of Liège, Gembloux Agro-Bio Tech, Belgium. 2. National Fund for Scientific Research, Brussels, Belgium. 2012 ADSA-ASAS Joint . 8/1/12. Module 1: Session 6. 1. Introduce the concept of budgetary planning and control. Influence attitudes from incremental to zero or activity based budgeting.. Demonstrate the basic application of variances and variance analysis e.g. Total,...