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.
A positive value of direct material price variance is favorable which means that direct material was purchased for lesser amount than the standard price. A negative value of direct material price variance is unfavorable because more than estimated price per unit is paid.