Sunday, June 5, 2011

A favorable price variance for direct materials indicates that

ACCOUNTING

Multiple Choice

A favorable price variance for direct materials indicates that

a. a lower price than planned was paid for materials

b. a higher price than planned was paid for materials

c. less material was used during production than planned for actual output

d. more material was used during production than planned for actual output

Click here for the SOLUTION

No comments:

Post a Comment