Multiple Choice
Which of the following is a possible reason why actual prices might differ from standard prices, resulting in a direct materials price variance?
A) The company may order more materials than it expects to use.
B) The company may receive more materials than ordered.
C) The vendors may change their prices as a result of changes in the market.
D) The company may purchase fewer materials than used.
Correct Answer:
Verified
Correct Answer:
Verified
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