For a Direct Material, Which One of the Following Is

question 45

Multiple Choice

For a direct material, which one of the following is defined as the difference between the actual and standard unit price of the direct material multiplied by the actual quantity of the material purchased?

• A) Direct materials purchase-price variance.
• B) Direct materials volume variance.
• C) Direct materials usage variance.
• D) Direct materials flexible-budget variance.
• E) Direct materials purchase-mix variance.