Waste on the production line will result in an unfavorable materials price variance.

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Waste on the production line will result in an unfavorable materials price variance.

Waste on the production line will result in an unfavorable materials price variance.

Waste on the production line will result in an unfavorable materials price variance.

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Waste on the production line will result in an unfavorable materials price variance.

Waste on the production line will result in an unfavorable materials price variance.

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Waste on the production line will result in an unfavorable materials price variance.

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Waste on the production line will result in an unfavorable materials price variance.

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Waste on the production line will result in an unfavorable materials price variance.

Waste on the production line will result in an unfavorable materials price variance.

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Waste on the production line will result in an unfavorable materials price variance.

Chapter 10 -- Solutions1) Waste on the production line will result in an unfavorable materials price variance.

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2) In general, the production manager is responsible for the materials quantity variance.

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3) If the actual hourly labor rate is greater than the standard hourly labor rate, the labor ratevariance is labeled unfavorable (U).

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Quiz 5 – Variance analysisT/F1) Waste on the production line will result in an unfavorable materials price variance.False

2) When the materials price variance is recorded at the time of purchase, raw materials are

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3) Material price variances are often isolated at the time materials are purchased, rather than

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4) The materials price variance is computed based on the amount of materials purchased during

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5) The standard price per unit for direct materials should reflect the final, delivered cost of the

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6) In general, the production manager is responsible for the materials price variance.False

7) An unfavorable materials quantity variance occurs when the actual quantity used in production

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Will waste on the production line result in a materials price variance?

No, waste on the production line does not result in a material's price variance. When waste in the production arises, it results in a reduction of materials or items produced.

Which of the following statements is true waste on the production line will result in an unfavorable materials price variance?

The statement is TRUE. Waste in the production line will increase the actual materials used and therefore the actual materials to be more than the standard materials used. This will result in an unfavorable quantity variance.

What does a unfavorable materials quantity variance indicate?

A materials quantity variance compares the actual and expected direct material used in manufacturing a product. You have an unfavorable materials quantity variance when you use more material than expected. It's favorable when you use less material than planned.

Which of the following would produce a materials price variance quizlet?

Which of the following would produce a materials price variance? the materials price variance. Use of persons with high hourly wage rates in tasks that call for low hourly wage rates.