Solved

Which of the Following Statements Is a Definition of Standard

Question 77

Multiple Choice

Which of the following statements is a definition of standard quantity of direct materials allowed for a period? Standard quantity of direct materials is


A) the number of units of material that should have been used for expected (budgeted) production.
B) the number of units of material that were used for actual production.
C) the number of units of material that should have been used for actual production.
D) the number of units of material required for each unit of production.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents