Which of the following will result in an unfavorable direct materials efficiency variance?
A) when the actual cost per unit of direct materials exceeds the standard cost of direct materials
B) when the actual cost per unit of direct materials is less than the standard cost per unit of direct materials
C) when the actual quantity of direct materials used per unit exceeds the standard quantity of direct materials allowed per unit
D) when the actual quantity of direct materials used per unit is less than the standard quantity of direct materials allowed per unit
C
You might also like to view...
Without ________, behavioral loyalty cannot develop.
A. tactical training B. customer satisfaction C. strategic likability D. solo exchange transactions E. relational dissolution
The stockholders' equity in a corporation consists of capital contributed by stockholders and retained earnings
Indicate whether the statement is true or false
Henry Ford's philosophy was to perfect the Model T so that its cost could be reduced further for increased consumer affordability. This reflects the ________ concept
A) product B) production C) selling D) marketing E) societal marketing
Data is useful for understanding individual sales, but to gain deeper insight into a business, data needs to be turned into information. Which of the following offers an example of turning data into information?
A. What is my best-selling product? B. What is my worst-selling product? C. Who are my best customers? D. All of these.