A Favorable Direct Materials Quantity Variance Indicates Which of the Following

question 165

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.

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Proxy Statement

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