Which variance helps management address what quantity of direct material (DM) inputs
Should have been used in making the actual volume of units?
A) Direct material (DM) price variance
B) Direct material (DM) efficiency variance
C) Direct labor (DL) price variance
D) Direct labor (DL) efficiency variance
Correct Answer:
Verified
Q44: Which of the following factors would not
Q45: Cost accountants work with which of the
Q46: Given that standard costs are like budgets
Q47: A price variance compares the
A) actual cost
Q48: An efficiency variance compares the
A) actual quantity
Q50: The direct labor (DL) price variance for
Q51: Venda Company purchased and used 40,000 pound
Q52: Kidzlane has direct materials (DL) standards of
Q53: Kingston Company produces a hover board, which
Q54: In a standard costing system, direct material
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents