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Aug10 6 Direct Materials Variances Financial and Managerial Accounting
The unfavorable variance could also be due, in part, to lower sales results versus the projected numbers. Unfavorable variance is an accounting term that describes instances where actual costs are greater than the standard or projected costs. An unfavorable variance can alert management that the company’s profit will be less than expected. Favorable or unfavorable… Continue reading 10 6 Direct Materials Variances Financial and Managerial Accounting
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