Examlex
Which of the following is NOT generally something that ought to be considered in evaluating the attractiveness of a multibusiness (diversified) company's business makeup?
Direct Materials Purchases Variance
The difference between the actual cost of direct materials purchased and the expected cost at standard prices.
Standard Costs
Predetermined costs for materials, labor, and overhead that are used as benchmarks to measure actual performance and cost control.
Materials Quantity Variance
The difference between the actual quantity of materials used in production and the standard quantity expected to be used, multiplied by the standard cost per unit.
Direct Materials Purchases Variance
The difference between the actual costs of materials purchased and the expected (standard) costs.
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