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Author Question: What does a favourable direct materials price variance indicate? (Read 78 times)

soccerdreamer_17

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What does a favourable direct materials price variance indicate?
◦ The actual cost of materials purchased was greater than the standard cost of materials purchased.
◦ The standard cost of materials purchased was greater than the actual cost of materials purchased.
◦ The standard cost of materials purchased was less than the actual cost of materials purchased.
◦ The actual quantity of materials used was less than the standard quantity of materials used for actual production.


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Marked as best answer by soccerdreamer_17 on Jan 5, 2020

medine

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Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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soccerdreamer_17

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Reply 2 on: Jan 5, 2020
YES! Correct, THANKS for helping me on my review


gcook

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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