The _____ people are the earliest known inhabitants of Africa's Mediterranean coast - 832289
The purchasing department is often responsible for the events that create a direct materials price variance. TRUE ___2. A flexible budget expresses variable costs on a per unit basis and fixed costs on a total basis. TRUE ___3. A flexible budget expresses all costs on a per unit basis. FALSE ___4.
Chapter 10 - Standard Costs and Variances 10-64 Chapter 10 Standard Costs and Variances Answer Key True / False Questions 1. The materials price variance is computed by multiplying the difference between the actual price and the standard price by the actual quantity of materials used in production. FALSE AACSB: Reflective Thinking