Which One of the Following Is the Difference in Direct

question 61

Multiple Choice

Which one of the following is the difference in direct material costs between the actual amount incurred and the total standard cost in the flexible budget for the units manufactured during the period?

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

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A framework or procedure established to assess qualities, abilities, or performance through examinations or experiments.

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The systematic process of determining the relative worth of jobs to create a job structure for the organization.

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A set span of salaries offered for a specific job, based on factors like experience, skill, and location.

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