The standard direct materials quantity does not include allowances for Question 3
Marburg Co. expects direct materials cost of $ 6 per unit for 100,000 units( a total of $ 600,000 of direct materials costs). Marburg‘ s standard direct materials cost and budgeted direct materials cost is
Question 4
If the labor quantity variance is unfavorable and the cause is inefficient use of direct labor, the responsibility rests with the
Question 5
A managerial accountant 1. does not participate in the standard setting process.
2. provides knowledge of cost behaviors in the standard setting process.
3. provides input of historical costs to the standard setting process. Question 6
Using standard costs Question 7