The Standard Cost of Direct Materials Per Unit Is Calculated

question 217

Multiple Choice

The standard cost of direct materials per unit is calculated by

• A)multiplying the standard quantity of direct materials by the standard price of direct materials.
• B)dividing the standard quantity of direct materials by the standard price of direct materials.
• C)adding the standard quantity of direct materials to the standard price of direct materials.
• D)multiplying the actual quantity of direct materials by the standard price of direct materials.

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Definitions:

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Individuals who belong to a group, organization, or community, often contributing to its activities and goals.

Prefer

To favor or choose something or someone over other options.

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Hypothetical dividing lines that may split a group into subgroups based on demographic or functional attributes, potentially affecting cohesion.

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The level at which an individual, group, or organization achieves its goals or objectives, often measured against known standards of accuracy, completeness, cost, and speed.