Multiple Choice
A favorable direct materials quantity variance indicates which of the following?
A) The actual cost of direct materials was less than the standard cost of direct materials.
B) The standard quantity of direct materials for actual output was less than the actual quantity of direct materials used.
C) The actual quantity of direct materials used was less than the standard quantity for actual output.
D) The actual quantity of direct materials used was greater than the standard quantity for budgeted output.
Correct Answer:
Verified
Correct Answer:
Verified
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