Question Details

A favorable direct materials yield variance results 



TRUE/FALSE
1.	The sales-quantity variance is favorable when budgeted unit sales exceed actual unit sales.

	
2.	The market-share variance is caused solely by the actual market share being different than the budgeted market share.

		

3.	A favorable market-size variance results with a decrease in market size.

	
4.	The flexible-budget variance can be further divided into the sales-mix variance and the sales-quantity variance.

	
5.	The direct materials mix variance is the sum of the direct materials mix variances for each input. 

	6.	An unfavorable direct materials mix variance results when cheaper direct materials are substituted for more expensive direct materials.

	7.	A favorable direct materials yield variance results when less direct materials are used than planned.




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