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.
Also specify whether the variance is favorable or unfavorable. In this case the production department performed efficiently and saved 40 units of direct material. Multiplying this by standard price per unit yields a favorable direct material quantity variance of $160.