The Standard Cost of Direct Material Is the

question 75

Multiple Choice

The standard cost of direct material is the

• A)standard price of direct material input x standard quantity of direct material inputs.
• B)standard price of direct material input x actual quantity of direct material inputs.
• C)actual price of direct material input x standard quantity of direct material inputs.
• D)Actual price of direct material input x actual quantity of direct material inputs.

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Definitions:

Aggressive Direct Selling

A highly assertive sales strategy where products or services are sold directly to consumers in a manner that energetically pushes for immediate sales.

Opportunity Costs

The cost of forgoing the next best alternative when a decision is made to pursue a particular action.

Relationship Strategies

Techniques and approaches used to build, maintain, and enhance interactions with customers and other stakeholders.