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8 years ago
What does a favorable direct materials cost variance indicate?
A) The actual cost of direct materials purchased was greater than the standard cost of direct materials purchased.
B) The actual quantity of direct materials used was less than the standard quantity.
C) The actual quantity of direct materials used was greater than the standard quantity.
D) The actual cost of direct materials purchased was less than the standard cost of direct materials purchased.
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
Authors:
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Mrgo-breedMrgo-breed
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Deprecated Author
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#2
7 years ago
Will mark this subject solved, thanks
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#3
7 years ago
Excellent Slight Smile
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