Multiple Choice
Which of the following is not likely to have caused a materials price variance?
A) The vendor from whom we always bought component XYZ closed and we found a new one.
B) One of the workers inadvertently cut several pieces of steel to the wrong length.
C) We started using a higher grade of lumber in our process.
D) Higher oil prices have increased the costs of shipping the ingredients to us.
Correct Answer:
Verified
Correct Answer:
Verified
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