Because Direct Materials Inventory reports the standard cost of the actual materials on hand, we reduce the account balance by $870 (290 yards used $3 standard cost per yard). After removing 290 yards of materials, the balance in the Direct Materials Inventory account is $2,130 (710 yards x $3 standard cost per yard).
void (plural voids) 1  An empty space; a vacuum. ( 2 astronomy) An extended region of space containing no galaxies. ( 3 materials science) A collection of adjacent vacancies inside a crystal lattice. ( 4 fluid mechanics) A pocket of vapour inside a fluid flow, created by cavitation.
(nÅ­l) adj. 1. Having no legal force; invalid: render a contract null and void. 2. Of no consequence, effect, or value; insignificant. 3. Amounting to nothing; absent or nonexistent: a null result. 4. Mathematics Of or relating to a set having no members or to zero magnitude. tr.v. nulled, nullÂ·ing, nulls.