This topic contains a solution. Click here to go to the answer

Author Question: What does a favourable direct materials price variance indicate? (Read 70 times)

soccerdreamer_17

  • Hero Member
  • *****
  • Posts: 552
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.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by soccerdreamer_17 on Jan 5, 2020

medine

  • Sr. Member
  • ****
  • Posts: 344
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.
Answer Preview
Only 39% of students answer this correctly




soccerdreamer_17

  • Member
  • Posts: 552
Reply 2 on: Jan 5, 2020
Great answer, keep it coming :)


cdmart10

  • Member
  • Posts: 332
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

Signs of depression include feeling sad most of the time for 2 weeks or longer; loss of interest in things normally enjoyed; lack of energy; sleep and appetite disturbances; weight changes; feelings of hopelessness, helplessness, or worthlessness; an inability to make decisions; and thoughts of death and suicide.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

Did you know?

Sildenafil (Viagra®) has two actions that may be of consequence in patients with heart disease. It can lower the blood pressure, and it can interact with nitrates. It should never be used in patients who are taking nitrates.

Did you know?

The word drug comes from the Dutch word droog (meaning "dry"). For centuries, most drugs came from dried plants, hence the name.

For a complete list of videos, visit our video library