Question: An unfavorable materials quantity variance indicates that: Multiple Choice actual usage of material exceeds the standard material allowed for output. standard material allowed for output

An unfavorable materials quantity variance indicates that:

Multiple Choice

  • actual usage of material exceeds the standard material allowed for output.

  • standard material allowed for output exceeds the actual usage of material.

  • actual material price exceeds standard price.

  • standard material price exceeds actual price.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Q:

27. Let alpha = 0.4, beta = 0.2. See the data table below: Period Month Demand (000) 1 January 200 2 February 212 3 March 214 4 April 222 5 May 337 When using exponential smoothing with trend...

Q:

An unfavorable materials quantity variance indicates that Multiple Choice actual usage of material exceeds the standard material allowed for output standard material allowed for output exceeds the...

Q:

An unfavorable materials quantity variance indicates that: Multiple Choice actual usage of material exceeds the standard material allowed for output. standard material allowed for output exceeds the...

Q:

An unfavorable materials quantity variance indicates that: Multiple Choice actual usage of materlal exceeds the standard materlal allowed for output. actual materlal price exceeds standard price....

Q:

lf variable manufacturing overhead is applied based on direct labor-hours, it is impossible to have a favorable labor rate variance and unfavorable variable overhead rate variance for the same...

Q:

Answer the questions...no need detail explanation Question 1 Under a standard cost system, the materials price variances are usually the responsibility of the: Select one: a. engineering manager. b....

Q:

( Chopters 9 - 1 2 ) Clos C Help Save B Eat Submis An unfovarable materials quantity variance indicates that: Mullipie Choice actual material price exceeds standard price. actual usage of material...

Q:

6. An unfavorable materials quantity variance indicates that A) standard material allowed for output exceeds the actual usage of material. B) management used poorly trained personnel in production,...

Q:

pornit defines the w that should be paid o uld be paid for each unit of direct material direct materials that should be used for each unit of finished product erect materials that should be used for...

Q:

? BT12203 BUSINESS ACCOUNTING CHAPTER 9: PERFORMANCE EVALUATION USING VARIANCES FROM STANDARD COSTS TUTORIAL QUESTIONS 1. An unfavorable materials quantity variance indicates that: A. actual usage of...

Q:

Multiple Choice actual usage of material exceeds the standard material allowed for output. actual material price exceeds standard price. standard material allowed for output exceeds the actual usage...

Q:

Write a paper in which you need to answer the following questions: What is a trial? What are some of the functions of a trial proceeding?

Q:

The following information is available from the Terry Company: Actual total factory overhead cost incurred Actual fixed overhead cost incurred $ 35,000 $ 11,700 $ 23,000 Budgeted fixed overhead...

Q:

What does the term "compounding" refer to in the context of time value of money?

Q:

The first scenario will be a Verbal Judo scenario in which your scenario follows the standard Verbal Judo interaction: You need to ask somebody to modify their behavior either to do something or to...

Q:

What is a labor union? Do you agree or disagree with its purpose? Defend your answer.

Q:

In your own words, define motivation. Discuss three ways managers can motivate employees.

Q:

Can workers be trained in ethics? How? Defend your answer.