Unfavourable Price Variances Can Occur Because Of

question 125

Multiple Choice

Unfavourable price variances can occur because of:

• A) Rising prices of finished goods
• B) Increases in raw materials efficiency
• C) Price increases in raw materials
• D) Oversupply of raw materials

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Definitions:

Market Intermediaries

Businesses or individuals that act as a middleman in the distribution process, facilitating transactions between producers and consumers.

Business-To-Business (B2B)

Describes commerce transactions between businesses, such as between a manufacturer and a wholesaler, or a wholesaler and a retailer.

Business-To-Consumer (B2C)

A transaction model where businesses sell products or services directly to consumers, typically through retail or online platforms.