Suppose You Are Investigating Direct Materials Variances

question 135

Essay

Suppose you are investigating direct materials variances.You find that the direct materials price variance is favorable, but the direct materials quantity variance is unfavorable.Assuming that the quantity purchased and used were equal, what circumstances could explain both variances?

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Definitions:

Access

A popular Microsoft database management system that aids in data storage, analysis, and report generation, often used in desktop applications.

Tasks

Activities or operations assigned or needed to be completed, often used in project management and software applications.

If Statement

A conditional statement in programming that performs different actions based on whether a specified condition is true or false.

Visible

A property that determines whether an element, such as a control, field, or application window, is displayed or hidden from view.