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Statements

Subject Item
dbr:Direct_material_price_variance
rdf:type
dbo:Disease
rdfs:label
Direct material price variance
rdfs:comment
In variance analysis (accounting) direct material price variance is the difference between the standard cost and the for the of material purchased. It is one of the two components (the other is direct material usage variance) of direct material total variance.
dcterms:subject
dbc:Management_accounting
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1269399
dbo:wikiPageRevisionID
1018567923
dbo:wikiPageWikiLink
dbr:Direct_material_usage_variance dbr:Variance_analysis_(accounting) dbr:Actual_cost dbr:Widget_(economics) dbr:Standard_cost dbr:Direct_material_total_variance dbr:Unobtainium dbc:Management_accounting dbr:Actual_quantity
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dbt:Infobox_VarianceAnalysis_VarianceBoxRec dbt:Infobox_VarianceAnalysis_VarianceBox dbt:Unreferenced
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12720 1144 720 424 13144
dbp:tx
but did cost Direct material usage variance Direct material total variance 212 Direct material price variance Direct material price variance
dbo:abstract
In variance analysis (accounting) direct material price variance is the difference between the standard cost and the for the of material purchased. It is one of the two components (the other is direct material usage variance) of direct material total variance.
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dbr:Difference
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wikipedia-en:Direct_material_price_variance