What Are the Two Most Likely Reasons an Unfavorable Total

question 98

Multiple Choice

What are the two most likely reasons an unfavorable total materials variance may exist?

• A)Inflation caused an increase in the cost to acquire materials of the same quality, and due to this inflation, the company purchased fewer materials than used.
• B)The company used less material than it purchased, and the amount paid for the material was more than the standard price.
• C)The price paid was more than the standard price, and the quantity budgeted was less than quantity used.
• D)The price paid was more than the standard price, and the quantity used was less than the quantity budgeted

---

Definitions:

Ethernet Cables

Wires used to connect devices within a local area network (LAN), facilitating internet connections and data transfer.

Population

The entire group of individuals or items that is the subject of a statistical analysis.

Average Age

A statistical measure that summarizes the central tendency of ages within a given group by dividing the sum of all ages by the number of individuals.

Random

An event or action occurring without any discernible pattern or predictability, often used in statistical sampling and assignments.