A Favourable Price Variance for Direct Materials Indicates That

question 230

Multiple Choice

A favourable price variance for direct materials indicates that:

• A)more material was used during production than planned for actual output.
• B)a higher price than planned was paid for materials.
• C)less material was used during production than planned for actual output.
• D)a lower price than planned was paid for materials.

---

Definitions:

Conflicts

Disputes or clashes of interest, opinion, or principles between parties, which can occur on various scales from personal to global.

Peacefully Reconcile

The process of resolving conflict and restoring harmony between parties or groups without resorting to violence.

British Monarchy

The constitutional monarchy of the United Kingdom, headlined by a queen or king, and representing the historic ceremonial figurehead of the country.

Colonists

Individuals or groups who settle in a new land but remain subjects or citizens of their parent state.