The direct materials usage ratio for a given period is:
A)Defined as the ratio of quantity purchased to quantity used.
B)Defined as the inverse of the materials quantity variance for the period.
C)Entered into its own variance account at the end of the period.
D)A useful indicator of performance by the manufacturing department.
E)A useful indicator of performance of the purchasing department.

Question

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The Answer of The direct materials usage ratio for a given period is:
A)Defined as the ratio of quantity purchased to quantity used.
B)Defined as the inverse of the materials quantity variance for the period.
C)Entered into its own variance account at the end of the period.
D)A useful indicator of performance by the manufacturing department.
E)A useful indicator of performance of the purchasing department.

The Direct Materials Usage Ratio for a Given Period Is