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Which of the following can be a reason for a favorable price variance for direct materials?

jerico

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Which of the following can be a reason for a favorable price variance for direct materials?

Which of the following can be a reason for a favorable price variance for direct materials?
A) a decrease in the price of materials due to an oversupply of materials
B) an unexpected increase in the price of materials
C) less amount of material used during production than planned for actual output
D) workers taking less time to produce the products

Textbook

Cost Accounting

Cost Accounting

Edition: 14^th

Authors: Horngren, Datar, Rajan

Read 241 times

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cyborg

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jerico Author

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9 years ago

This solved my problem perfectly, thank you for your kind input.

cyborg

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9 years ago

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