Multiple Choice
Which of the following can be a reason for a favorable price variance for direct materials?
A) a decrease in the price of materials due to an oversupply of materials
B) an unexpected increase in the price of materials
C) less amount of material used during production than planned for actual output
D) workers taking less time to produce the products
Correct Answer:

Verified
Correct Answer:
Verified
Q86: Which of the following information is needed
Q87: Better Products Inc. planned to use $43
Q88: Midend's Camera Shop has prepared the following
Q89: A flexible-budget variance is $600 favorable for
Q90: The goal of variance analysis is for
Q92: A difference between the static-budget and the
Q93: A favorable price variance for direct manufacturing
Q94: If a sales-volume variance was caused by
Q95: The textbook discusses three levels of variances,
Q96: An unfavorable variance indicates that _.<br>A) the