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ACC 560 Week 8 Quiz 6( Chapter 11) Question 1
If actual direct materials costs are greater than standard direct materials costs, it means that
Question 2
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.