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KoolinIt KoolinIt
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2 years ago
The direct materials quantity variance is part of the direct materials flexible budget variance that is caused by

▸ paying more or less than the standard cost per unit for direct materials.

▸ purchasing more inventory than used.

▸ using more or less material than the standard quantity allowed for actual production.

▸ using more or less material than the standard quantity allowed for budgeted production.
Textbook 
Managerial Accounting

Managerial Accounting


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gronk44gronk44
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KoolinIt Author
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2 years ago
Good timing, thanks!
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Smart ... Thanks!
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Thanks
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