Strayer JWI530 2020 JULY Week 7 Discussion Latest

JWI530 FINANCIAL MANAGEMENT I
Week 7 Discussion
Costing Systems and Analysis
Option 1
Discuss the usage and creation of standard costs by an operation. How are these costs developed? How can they be used in the creation of a forecast? How can these be used in an individual or organizational measurement system?
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Option 2
Discuss a current business activity that you or your department does that could be improved by leveraging Variance Analysis. Discuss the perspective you could gain, and what a "favorable price" and a "favorable quantity" variance mean in this application.
Post your initial response by Wednesday, midnight of your time zone, and reply to at least 2 of your classmates' initial posts by Sunday, midnight of your time zone.?

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Solution: Strayer JWI530 2020 JULY Week 7 Discussion Latest