Multiple Choice
A favorable materials price variance may be caused by:
A) A reduction in suppliers causing an unexpected increase in price.
B) Higher quality materials purchased at a higher cost resulting in fewer materials being used than expected.
C) Highly skilled employees using fewer materials than expected.
D) Low quality materials purchased at a lower cost than expected.
E) None of the answer choices is correct.
Correct Answer:
Verified
Correct Answer:
Verified
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