Direct materials standards specify both
A)Quantity and efficiency.
B)Quantity and price.
C)Efficiency and price.
D)Quality and Usage.

Name: Direct materials standards specify both A)Quantity and efficiency. B)Quantity and price. C)Efficiency and price. D)Quality and Usage.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Direct materials standards specify the quantity of the material required and its expected price. This allows for cost control and budgeting. Efficiency and quality standards may be developed separately.

Direct Materials Standards Specify Both