The standard price and quantity of direct materials are separated because:
a) gaap reporting...
Business, 11.11.2019 20:31 shelbyo1123
The standard price and quantity of direct materials are separated because:
a) gaap reporting requires this separation
b) direct materials prices are controlled by the purchasing department, and quantity used is controlled by the production department
c) standard quantities are more difficult to estimate than standard prices
d) standard prices change more frequently than standard quantities
Answers: 1
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