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.
The purpose of setting standards for direct materials is to control direct materials cost. Two types of standards are normally set for direct materials. Theses are materials price standard and materials quantity standard. Direct materials price standard: