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    Cost Management Study Set 1
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    Exam 11: Standard Costs and Variance Analysis
  5. Question
    Favourable Price Variances Occur Because Of
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Favourable Price Variances Occur Because Of

Question 115

Question 115

Multiple Choice

Favourable price variances occur because of:


A) Rising prices of finished goods
B) Increases in raw materials efficiency
C) Price decreases in raw materials
D) Efficiency in the production department

Correct Answer:

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