An Unfavorable Price Variance for Materials Means That

question 107

Multiple Choice

An unfavorable price variance for materials means that

• A) the actual cost of the materials was more than the budgeted amount.
• B) more materials were used in production than anticipated.
• C) more labor hours were required to work with the materials than expected.
• D) the actual cost of the materials was more than the standard cost.

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