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.
The total of both variances equals the total direct materials variance. To apply this method to the Band Book example, take a look at the next diagram. Start at the bottom. Direct materials actually cost $297,000, even though the standard cost of the direct materials is only $289,800.