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Pats2010 Pats2010
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A week ago
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.
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Managerial Accounting

Managerial Accounting


Edition: 4th
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miemitchmiemitch
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The vendors may change their prices as a result of changes in the market.
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