Butyl(21‚000t) Group 3 - 3/13 Q1. The meaning and accuracy of the volume variance. • NASA Rubber Division의 Sales Performance(1986) Actual Net sales Revenue 63‚239‚000 Budget 58‚660‚000 Deviation 4‚579‚000 exceed 3‚735‚000 exceed Gross Margin ※ Sales Volume Up 40‚945‚000 37‚210‚000 ※ Feedstock Cost Down Group 3 - 4/13 • NASA Rubber Division - Net Contribution(1986) Actual Budget Deviation Volume Variance - 11‚375‚000 -6‚125‚000 5‚250‚000 U Gross Profit / NSR 8.2%
Premium Revenue Generally Accepted Accounting Principles
Question 2 0 out of 2.5 points | | | The items below are based on the following scenario. In a third world country‚ 100 randomly selected people were surveyed about their socioeconomic class and religious affiliation. The results and an excerpt from the results section of this fictional study follow. Observed (and Expected) Frequencies (NOTE: Expected frequencies are in parentheses.) Excerpt: "Based on a chi-square test for independence‚ the working class differed from the middle
Premium Variance Standard deviation Normal distribution
Mean-Variance Analysis Mean-variance portfolio theory is based on the idea that the value of investment opportunities can be meaningfully measured in terms of mean return and variance of return. Markowitz called this approach to portfolio formation mean-variance analysis. Mean-variance analysis is based on the following assumptions: 1. All investors are risk averse; they prefer less risk to more for the same level of expected return. 2. Expected returns for all assets are known. 3. The
Premium
expenses and returns which prevent them from surpassing their budgets. This business uses budgets because it is a valuable tool when evaluating B.A performance and value of their budget. Budgeting is beneficial to B.A as it helps them with planning orientation such as it helps to create a budget plan where it can use it to improve the business performance and the financial position. Also having budgets it provides several benefits for B.A such as managing money successfully where the business can identify
Premium Management Budget Economics
BUS 173 Assignment 2 Prepared For: Md. Siddique Hossain (Sqh) Answer to the question no 01 Inference Regarding the population variance‚ σ 2 An important area of statistic is concern with making inference about the population variance. Knowledge of population variability is an important element of statistical analysis. Two possibilities arise For example. A) For a car rental agency . * Tires with low variability’s is preferred compared with durable lives with high variability
Premium Statistical hypothesis testing Normal distribution Variance
COSTING VARIANCES Materials Actual Production X X X Vs. Standard Usage Standard Price Actual Usage Actual Production X X X Vs. Standard Usage Standard Price Actual Usage Actual Price Actual Price Total Variance Actual Production X X X Vs. Standard Price Actual Usage Actual Usage Actual Production X X X Vs. Standard Price Actual Usage Actual Usage Price Variance Actual Price Actual Price Standard Price Standard Price Actual Usage Actual Usage
Premium Variance Cost
FIN/571 J. Woods December 11‚ 2013 Interpreting Financial Results Entrepreneurs and corporate owners utilize financial ratios as a tool to measure management benchmarking and performance. Financial ratios consist of asset turnover‚ calculations in productivity‚ liquidity‚ and monetary power. Liquidity ratios support business managers with shaping and fulfilling the business’ short-term financial needs. Asset turnover ratios are indicators that provide a report of revenue to managers of how well
Premium Balance sheet Asset Financial statements
father of “Modern Portfolio theory”‚ developed the mean-variance analysis‚ which focuses on creating portfolios of assets that minimizes the variance of returns i.e. risk‚ given a level of desired return‚ or maximizes the returns given a level of risk tolerance. This theory aids the process of portfolio construction by providing a quantitative take on it. It integrates the field of quantitative analysis with portfolio management. Mean variance analysis has found wide applications both inside and outside
Premium Variance Probability theory Risk aversion
FINANCIAL MANAGEMENT DEVELOPMENT Management Reporting Budgetary Control NO 213 BUDGETARY CONTROL AND VARIANCE ANALYSIS £ £££ ££££££ 1 333 35753 FINANCIAL MANAGEMENT DEVELOPMENT ONE OF A SERIES OF GUIDES FOR FINANCIAL MANAGEMENT DEVELOPMENT FROM www.FinancialManagementDevelopment.com This is one of a series of documents produced by David A Palmer as a guide for managers on specific financial topics to assist informed discussion. Readers should take appropriate advice before acting
Premium Generally Accepted Accounting Principles Balance sheet Income statement
VI. Results and Discussion In this exercise‚ the goal was to produce acetylsalicylic acid through the organic synthesis from the reaction of salicylic acid to acetic anhydride‚ the starting materials. Instead of using acetic acid‚ acetic anhydride was used as solvent since the anhydride reacting with water to form acetic acid tends to drive the reaction to the right. It results from the elimination of a molecule of water from two molecules of acetic acid (see Fig. 11.2). Figure 11.3 below
Free Aspirin Carboxylic acid Organic chemistry