An unfavorable material quantity variance indicates that Budgeted material usage allowed for output exceeds the actual usage

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An unfavorable material quantity variance indicates that

Budgeted material usage allowed for output exceeds the actual usage of material

Actual material price exceeds budgeted price

Actual usage of materials exceeds the budgeted material allowed for the output

Budgeted material price exceeds actual price

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Fundamental Managerial Accounting Concepts

ISBN: 978-0078110894

6th Edition

Authors: Edmonds, Tsay, olds

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Posted Date: Oct 25, 2023 07:34 AM

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An unfavorable material quantity variance indicates that Budgeted material usage allowed for output exceeds the actual usage

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Fundamental Managerial Accounting Concepts

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