direct materials

Bill Of Materials A list of specific types and amounts of direct materials expected to be used to produce a given job or quantity of output.

Variances For factory overhead are generally more difficult to understand than those for direct materials and direct labor.

overhead are generally more difficult to understand than those for direct materials and direct labor.

Direct materials include all materials that from an integral part of the finished product and are easily traced to the finished product .

Both systems accumulate product costs -direct materials, direct labor, and factory overhead -and allocate these costs to the units produced.

Companies divide flexible budget variances for direct materials and direct labor into price and efficiency (quantity) variances.

Direct materials are those materials that become part of the finished product.

Control all incoming direct materials quality according to company's quality standards, and customers' requirements.

Prime costs = Direct Materials plus direct labor costs.

Direct costs are classified as the costs that go into creating the product or service (that is, direct materials and direct labor).

We test our model using data collected from 223 purchasing managers and buyers of direct materials.

For example, the wood and other materials used in the manufacturing of a chair are direct materials.

The former mainly includes the fees for direct manpower, direct materials and construction machinery;