Which of these factors is not a possible cause for a favorable materials price variance?
A) Quantity discounts
B) Purchasing higher quality materials than required
C) Purchasing from a distress seller
D) Purchasing a discontinued item
Correct Answer:
Verified
Q24: Assume that the standard cost to make
Q25: Assume that the standard cost to make
Q26: The difference between an actual cost number
Q27: The objective of standard cost variance analysis
Q28: Which of the following descriptions best defines
Q30: Which of the following factors describes a
Q31: Which factor listed below is a cause
Q32: Which factor listed below is a possible
Q33: If the actual labor rate exceeds the
Q34: A materials price variance is computed as
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents