Which of the following could cause a debit balance in the direct material price variance accounts?
A) Paying more than the standard price per unit for direct material
B) Paying less than the standard price per unit for direct material
C) Using more than the standard quantity of direct material
D) Using less than the standard quantity of direct material
Correct Answer:
Verified
Q61: An overhead fixed volume variance is calculated
Q62: If the standard hours allowed are less
Q78: Use the following information for questions
Bridgeware
Q81: If the standard hours allowed are less
Q83: Which of the following statements is false?
A)The
Q85: The difference between actual overhead costs and
Q87: The fixed overhead spending variance is calculated
Q88: All of the following variances are reported
Q89: Which of the following statements about overhead
Q99: Variance reports are
A)external financial reports.
B)Revenue Canada tax
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