VIDEO LESSON · STRATEGIC MANAGEMENT ACCOUNTING · MODULE 3 · PART C.2.2

Direct Material Variances

Name: Direct Material Variances
Uploaded: 2026-11-01T11:00:00+11:00
Duration: 319 s
Description: Explore the direct material variances: the price variance and the efficiency variance, how to calculate each one, who is responsible for each, and how to judge whether a cheaper material was really a saving.

6 min · Free to watch

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About this video lesson

Explore the direct material variances: the price variance and the efficiency variance, how to calculate each one, who is responsible for each, and how to judge whether a cheaper material was really a saving.

Study files for this lecture

PDFVariance 2: direct material price and efficiency

PNGDirect material variances

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