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.
Notice that for the good output in February, the total actual labor costs amounted to $825 and the total standard cost of direct labor amounted to $800. This unfavorable difference of $25 agrees to the sum of the two labor variances:The direct labor efficiency variance could be called the direct labor quantity variance or usage variance.). Note that DenimWorks paid $9 per hour for labor when the standard rate is $10 per hour. This $1 differenceâmultiplied by the 50 actual hoursâresults in a $50 favorable direct labor rate variance.