A direct materials price variance is unfavorable if the price paid per unit is greater than the standard price per unit.
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Q6: Health insurance and other benefits are part
Q7: Variable overhead is generally combined with fixed
Q8: The flexible budget variance is equal to
Q9: The amount of direct materials purchased is
Q10: The direct materials price variance is found
Q12: Using higher-quality materials in production can help
Q13: Unlike direct materials, the sum of all
Q14: A negative direct labor efficiency variance is
Q15: For direct labor, if the efficiency and
Q16: The total number of hours worked by
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