When the Actual Cost of Direct Materials Used Exceeds the Standard

question 100

True/False

When the actual cost of direct materials used exceeds the standard cost, the company must have experienced an unfavorable direct materials price variance.

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Definitions:

Cytoplasm

The gel-like substance inside a cell, excluding the nucleus, containing organelles and involved in multiple cell functions.

Penetration

The process of entering or piercing through a substance, structure, or barrier.

Escape Hypothesis

A theory suggesting that some cellular organelles, such as mitochondria and chloroplasts, originated from bacteria that once entered a host cell and lived symbiotically.

Regressive Hypothesis

A theory suggesting that more complex systems or structures have evolved from simpler precursors through a process of simplification or loss of features.