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.
Reasons of direct materials price variance: A favorable or unfavorable material price variance may occur due to one or more of the following reasons: Order size: Some suppliers allow discount on large orders. The materials purchased in large quantities may reduce the the unit price and a favorable price variance may occur.