A favorable outcome means you spent less on the purchase of materials than you anticipated. If, however, the actual price paid per unit of material is greater than the standard price per unit, the variance will be unfavorable. An unfavorable outcome means you…
Read moreTherefore, if the theater sells 300 bags of popcorn with two tablespoons six strategies for fraud prevention in your business of butter on each, the total amount of butter that should be used is 600 tablespoons. Management can then compare the predicted use…
Read moreThis creates a materials price variance of $2.50 per pound, and a variance of $62,500 for all of the 25,000 pounds that ABC purchases. Direct materials price variance account is a contra account that is debited to record the difference between the standard price…
Read moreReleased by Google in 2017, Flutter is a well-liked framework for constructing mobile, internet, and desktop apps from a single codebase. To construct applications with Flutter, you will want to use https://www.globalcloudteam.com/highly-productive-and-feature-rich-java-mobile-app-development/…
Read more
