ficient of Variation (CV).

Q: for Julu that includor reveDue and spending variances and activity variances. (Indicate

A:

Q: Please compute the variable-cost element (slope) and fixed-cost element (intercept) using regression…

A: Explanation Regarding Calculation: Using Data Analysis Tool under Data in Excel we can get…

Q: Create a sample problem of an External Rate of Return.

A: External rate of return(ERR) It is the the rate of return  on a venture where any "excess” cash  is…

Q: concepts underlying variance analysis

A: Variance analysis is a part of standard costing under cost accounting.

Q: calculate the standard deviation of returns.

A: Standard Deviation is the square root of the variance, which is the measurement of risk. And risk…

Q: Assume that every asset has the same expected return and variance. Furthermore, all assets have the…

A: Variance is a statistical tool used to measure the extent to which the returns are spread from the…

Q: In linear regression, compare independent and dependent variables.

A: Linear regression refers to a time series model in statistics that is used for predictive analysis.…

Q: Give the general formulas for determining cost and efficiency variances.

A: Cost variance: Cost variance shows the difference of standard cost and actual costs. Efficiency…

Q: Which method of forecasting is most widely used? a. Regression analysis. b. Exponential smoothing.…

A: Regression analysis method of forecasting is the most widely used method of forecasting....

Q: f the regression method indicated the intercept = $30 and the slope = $20 for a cost function, the

A: Slope and intercept show a linear relationship between 2 variables.

Q: Assume that only the specified parameters (that is, variables) change in a sensitivity analysis. The…

A:

Q: The ________ is used to compare thevariability of two or more data sets with different scales.…

A: Coefficient of variation: The coefficient of variation is considered as a statistical measure that…

Q: xplain the shape of the Markowitz (that is, mean-variance) efficient frontier, specifically what…

A: Markowitz (that is, mean-variance) efficient frontier-It is also known as mean - variance model and…

Q: When using the high-low method, should you base the high and low observations on the dependent…

A: Cost Function:Cost function represents the basic change comes in the total cost due to the change in…

Q: In two or three paragraphs explain the purpose of variance analysis and its benefits and drawbacks.

A:

Q: Illustrate the calculation of the standard deviation of returns?

A: Standard deviation refers to a measure of variation or dispersion of a set of values. We can…

Q: Define the term variance analysis.

A: Variance:   Variance refers to the difference level in the actual cost incurred and standard cost.…

Q: Which method is used to see if a relationship between the cost driver and total cost exists?…

A: Cost drivers means activity units that will cause change in total cost for example, number of…

Q: Explain the concept of iso-expected return lines, iso-variance ellipses, and the critical line and…

A: Minimum variance frontier: It is a frontier that identifies those portfolios that have a minimum…

Q: Write down two possible causes for each variance.

A: Variance refers to the differs between the budgeted and actual. It may be favourable and…

Q: In general, variance analysis is said to provide information about _________ and __________…

A:

Q: Differentiate between variance analysis and sensitivity analysis

A: Managers of small businesses can benefit from both variance and sensitivity analyses when trying to…

Q: Can someone give an example or scenario of mean-variance analysis?

A: Introduction: Mean-variance analysis is a method used by investors to make investment decisions on…

Q: The following information pertains to data that have been gathered in the process of estimating a…

A: Given information, Mean value of the dependent variable= 30 Mean value of the independent…

Q: Compute for the returns, average of returns and Standard Deviation

A: Standard deviation is the variation in return from the mean value. Standard deviation =…

Q: Compute overhead variances using a three-variance approach.

A: 1. Budgeted variance 2. Volume variance 3. Overhead variance

Q: Define and explain the relationship between simple variance analysis and flexible variance analysis.

A: Simple variances analysis is the study of  deviations of the actual result against the forecasted…

Q: What are the variances in a 4-variance analysis?

A: Variable overhead spending variance Variable overhead efficiency variance Fixed overhead spending…

Q: a What is the expected return of each asset? b. What is the variance of each asset? c. What is the…

A: Expected Return = Probability * Return Variance = sum of (Probability *(Return-Mean)^2) Standard…

Q: Pick out the two most significant variances that you computed in (1) above. Explain tMs. Dunn…

A: The difference between the standard figures and the actual results are called variances.

Q: Complete the standard cost variance analysis

A: “Since you have posted a question with multiple sub-parts, we will solve first three subparts for…

Q: How can we determine the mean and variance of the NPW on the basis of the three NPW estimates?

A: Identify the Rate, project life. Then Identify the cash flows. Compute the Present worth and net…

Q: Which of the following methods of cost estimation relies on only two data points?A. the high-low…

A: Cost accounting is one of the important branch of accounting, under which costs are being…

Q: Please calculate the variance

A: Expected Return or mean is the average return of the data given. Risk is the volatility around the…

Q: Describe the two basic differences between the weighted average and the FIFO method.

A: Inventory: Inventory refers to the stock of goods purchased, utilized and maintained by the company…

Q: A diagram showing interrelationships between two or more variables is called a

A: Histogram - Histogram is graphical display of data using bars. In histogram each bar groups numbers…

Q: What types of variances are found on cost center reports? Explain what each variance is measuring…

A: The variances found in the cost center report are determined by measuring actual performance against…

Q: List the variable overhead variances, and briefly describe each.

A:

Q: Explain how you find the portion of the mean-variance-frontier that is the efficient frontier and…

A: There are two parts of portfolio one is return and another is risk.

Q: Compute for the returns, average of returns and Standard Deviation:

A: Returns Xi is the holding period return for stock prices. Xi= P1/P0 -1 Mean Xbar = ∑Xi/n Standard…