Ask Question
BusinessBusiness
27 February, 22:39

A favorable direct materials cost variance occurs when the actual direct

+1
Answers (1)
  1. 28 February, 01:43
    0
    A favorable direct materials cost variance occurs when the actual direct cost of the materials is lower than the budgeted cost of materials. Favorable direct materials cost variance would indicate that there was savings with the cost for the direct materials used by the company.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “A favorable direct materials cost variance occurs when the actual direct ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
If Andre has a child and adds another dependent to his tax form for withholding, the company will withhold a lower amount of income tax. Estimate what will happen to Andre's net pay.
Answers (1)
Jacklyn carves ice sculptures. She carves and sells 10 sculptures. Her average cost of production per sculpture is $50. She sells each sculpture for a price of $150.
Answers (1)
An investment banker agrees to a firm commitment offering of 1.2 million shares of Bally stock. The offer price is set at $25.50 and the spread is 30 cents per share. If the stock is actually sold to the public at $26.
Answers (1)
You own 400 shares of Western Feed Mills stock valued at $51.20 per share. What is the dividend yield if your annual dividend income is $352? A. 1.68 percent B. 1.72 percent C. 1.83 percent D. 1.13 percent E. 1.21 percent
Answers (1)
Discuss business rules. How do you translate business rules into data-model and database? Provide few examples.
Answers (1)
New Questions in Business
Hector Company gathered the following reconciling information in preparing its March bank reconciliation: Cash balance per books, 3/31 $12,000 Notes receivable collected by bank 6,000 Outstanding checks 9,000 Deposits in transit 4,500 Bank service
Answers (1)
What does the term rop stand for at u-haul?
Answers (1)
Customers tell Heidi that they would feel more comfortable leaving their dogs at Camp Bow Wow if at least some of the camp counselors were accredited veterinary technicians. Check all that apply.
Answers (1)
Depreciation: A. Could be a product cost or a period cost depending on the use of the asset. B. Is usually based on the declining-balance method. C. Per books is usually higher than MACRS in the early years of an asset's life. D.
Answers (2)
Billy freely agrees to sell Roger a painting for $100. Billy thinks the painting is ugly and a piece of junk. Neither Billy nor Roger are art aficionados or knowledgeable about art.
Answers (1)
Home » Business » A favorable direct materials cost variance occurs when the actual direct
Sign Up Forgot Password?