An unfavorable materials quantity variance indicates that: select one:
a. standard material allowed for output exceeds the actual usage of material.
b. standard material price exceeds actual price
c. actual usage of material exceeds the standard material allowed for output.
d. actual material price exceeds standard price.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “An unfavorable materials quantity variance indicates that: select one: a. standard material allowed for output exceeds the actual usage of ...” 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
Bob sold securities in Year 1. The sales resulted in a capital loss of $7,000. He had no other capital transactions. He and his wife Gloria decide to file separate returns for Year 1. His taxable income was $26,000.
Answers (1)
When a monopolistically competitive market opens up to international trade, each firm produces a greater quantity of output than it did before. Explain why this is
Answers (1)
If Faith attends college, it will take her four years, during which time she will earn no income. She will pay $50,000 for tuition, $12,000 for room and board, and $5,000 for books.
Answers (1)
2. T/F Psychologist Abram Maslow based his hierarchy of needs theory on clinical research conducted over several years studying college students.
Answers (1)
Crane prepares an income statement for the first quarter of 2017, ending on March 31, 2017 (installation was completed on June 18, 2017). How much revenue should Crane recognize related to its sale to Ricard?
Answers (1)
New Questions in Business
Under the UCC Secured Transactions Article, which of the following actions will best perfect a security interest in a negotiable instrument against any other party?
Answers (1)
The ability of a multinational or global competitor to shift production from country to country to take advantage of exchange rate fluctuations, energy costs, wage rates, or changes in tariffs is an example of
Answers (1)
Both monopolies and monopolistically competitive firms set marginal revenue equal to marginal cost to maximize profit. Given the same cost curves, would you expect prices to be higher in a monopoly or a monopolistically competitive market?
Answers (1)
The ending Retained Earnings balance of Boomer Inc. decreased by $1.5 million from the beginning of the year. The company declared a dividend of $4.2 million during the year. What was the net income for the year?
Answers (1)
If there is a recessionary gap in the short run, the Federal Reserve can eliminate the gap in the short run by undertaking a policy action that raises aggregate demand.
Answers (1)