If Actual Price Per Unit of Materials Is Greater Than

question 10

Short Answer

If actual price per unit of materials is greater than the standard price per unit of materials, the direct materials price variance is____________ .

---

Definitions:

HNO3

Nitric acid, a highly corrosive and toxic strong acid used in the production of fertilizers, explosives, and in the production of other chemicals.

Reactivity

The inclination of a material to participate in chemical changes, alone or in combination with other elements, leading to the liberation of energy.

Chlorine

A highly reactive, greenish-yellow gaseous element used in water purification and the production of numerous chemicals.

Aluminum Chloride

A chemical compound with the formula AlCl3, widely used in the chemical industry as a catalyst and as a component in a variety of chemical reactions.