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.
Step 2. Calculate direct material price variance. As actual direct materials costs become known when a purchase has been completed, a business will compare the difference between actual and standard cost by calculating the direct materials price variance.