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Other Fields Homework Help Accounting Topic started by: Pats2010 on Jan 22, 2023



Title: Which of the following is a possible reason why actual prices might differ from standard prices, ...
Post by: Pats2010 on Jan 22, 2023
Which of the following is a possible reason why actual prices might differ from standard prices, resulting in a direct materials price variance?

▸ The company may purchase fewer materials than used.

▸ The vendors may change their prices as a result of changes in the market.

▸ The company may receive more materials than ordered.

▸ The company may order more materials than it expects to use.


Title: Which of the following is a possible reason why actual prices might differ from standard prices, ...
Post by: miemitch on Jan 22, 2023
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