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  3. Study Set
    Cost Management Study Set 2
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    Exam 11: Standard Costs and Variance Analysis
  5. Question
    Favorable Price Variances Occur Because of
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Favorable Price Variances Occur Because of

Question 19

Question 19

Multiple Choice

Favorable 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

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