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 receive a discount for materials that are purchased in large quantities.
B) The company may receive a reduced price from a new vendor to generate business.
C) The vendors may change their prices as a result of changes in the market.
D) All of these answer choices are correct.
Correct Answer:
Verified
Correct Answer:
Verified
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