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bernie2981 bernie2981
wrote...
Posts: 3810
8 years ago
A favorable direct materials quantity variance indicates which of the following?
A) The Actual Quantity (AQ) of direct materials used was less than the standard quantity for actual output.
B) The Standard Quantity (SQ) of direct materials for actual output was less than the Actual Quantity (AQ) of direct materials used.
C) The actual cost of direct materials was less than the standard cost of direct materials.
D) The Actual Quantity (AQ) of direct materials used was greater than the standard quantity for budgeted output.
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
Author:
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nucleinuclei
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Posts: 2158
8 years ago
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bernie2981 Author
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8 years ago
You're such a dedicated member, I very much appreciate the help.

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