An unfavourable material quantity variance indicates that
A) actual usage of material exceeds the standard material allowed for output.
B) standard material allowed for output exceeds the actual usage of material.
C) actual material price exceeds standard price.
D) standard material price exceeds actual price.
Correct Answer:
Verified
Q43: Is the main purpose of standard costing
Q44: The entry to record unfavorable labour efficiency
Q45: Standard Costing is not worth bothering with
Q46: Todco planned to produce 3,000 units of
Q47: The standard cost per unit is computed
Q49: Throop Company's standards call for one
Q50: The entry to record an unfavorable material
Q51: If managers are insensitive and use variances
Q52: If variable manufacturing overhead is applied on
Q53: An unfavourable direct labour efficiency variance could
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