What Is Characteristic of Direct Materials Variances

question 98

Multiple Choice

What is characteristic of direct materials variances?

• A) The materials usage variance uses the actual quantity of materials purchased.
• B) The materials price variance uses the actual quantity of materials purchased rather than the actual quantity of materials used.
• C) The materials price variance always uses the actual quantity of materials used rather than the actual quantity of materials purchased.
• D) The sum of the price and usage variances will add up to the total materials variance even if the amount of materials purchased is different from the amount of materials used.

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Definitions:

Physiologist

A scientist who studies the functions and mechanisms of the human or animal body, focusing on how organs and systems work together to respond to challenges and maintain health.

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The procedures involved in encoding, storing, and retrieving information in the brain.