Multiple Choice
Byron Products has a favourable materials price variance.Which of the following would be the least likely reason for this variance?
A) The company overbudgeted the standard price for materials.
B) The company took advantage of purchase discounts from their suppliers.
C) The company's employees were more efficient with the use of their production time.
D) The company purchased a substandard material at a cheaper price.
Correct Answer:
Verified
Correct Answer:
Verified
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