Multiple Choice
A favorable direct materials price variance and an unfavorable direct materials quantity variance might indicate which of the following?
A) Less expensive, inferior materials requiring less than the standard amount were used in production.
B) Less expensive, inferior materials requiring more than the standard amount were used in production.
C) More expensive, superior materials requiring more than the standard amount were used in production.
D) More expensive, superior materials requiring less than the standard amount were used in production.
Correct Answer:

Verified
Correct Answer:
Verified
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