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    Business
  3. Study Set
    Cost Accounting
  4. Exam
    Exam 7: Flexible Budgets, Direct-Cost Variances, and Management Control
  5. Question
    Give at Least Three Good Reasons Why a Favorable Price
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Give at Least Three Good Reasons Why a Favorable Price

Question 167

Question 167

Essay

Give at least three good reasons why a favorable price variance for direct materials might be reported.

Correct Answer:

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Any three of the following:
a.The purcha...

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