Multiplying the standard price of direct materials by the standard quantity for direct materials yields the direct
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Question:
Multiplying the standard price of direct materials by the standard quantity for direct materials yields
- the direct materials quantity variance.
- the standard direct materials cost.
- nothing; the two components should be added together.
- the direct materials price variance.
Related Book For
Horngrens Financial and Managerial Accounting
ISBN: 978-0133866292
5th edition
Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura
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