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.
Direct Material Variance Analysis. A material price standard is the amount that is allowed to be paid for each unit of raw material. The unit concept is extremely important in this variance---it will always be based on the unit in which the company uses its materials.