This short but valuable article discusses Direct Material Price Variance. Definitely worth a read! 🙂 http://accountingexplained.com/managerial/standard-costing/dm-price-variance
The Lowdown on Lean Accounting (Article)
Another great article, this time discussing Lean Accounting! Get “The Lowdown” at the link below 🙂 http://www.journalofaccountancy.com/issues/2004/jul/thelowdownonleanaccounting.htm
Activity Based Costing (Article)
This short but valuable article discusses Direct Material Price Variance. Definitely worth a read! 🙂 http://accountingexplained.com/managerial/standard-costing/dm-price-variance