Which of the Following Best Explains 'Cost Reductions

question 33

Multiple Choice

Which of the following best explains 'cost reductions'? 

• A) The variance between the historical and the actual purchase price paid per unit. 
• B) The volume per product item which is expected to be saved in the next planning period and the expected price level for that specific product. 
• C) The total purchasing budget savings. 
• D) The purchasing savings budget for each item.