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

Question 105

Question 105

Essay

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

Correct Answer:

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

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