menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Cost Management Study Set 1
  4. Exam
    Exam 11: Standard Costs and Variance Analysis
  5. Question
    An Unfavourable Price Variance May Occur Because
Solved

An Unfavourable Price Variance May Occur Because

Question 45

Question 45

Multiple Choice

An unfavourable price variance may occur because:


A) The price of direct materials increased
B) The price of direct materials decreased
C) The manufacturing process is more efficient
D) The manufacturing process is less efficient

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q40: If a variance is unfavourable, it should

Q41: Hogle Mfg. Co. uses a standard

Q42: The direct labour efficiency variance compares:<br>A) The

Q43: If a variance is considered material, it

Q44: ELM Corporation introduced a new automated production

Q46: Overhead efficiency variances:<br>A) Provide managers with useful

Q47: During the period Richeleau produced 1,000

Q48: The variable overhead budget variance is the

Q49: Everett, Inc. budgeted $1,488,000 for total overhead.

Q50: Managers investigate:<br>A) All variances<br>B) All unfavourable variances<br>C)

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines