A Favorable Materials Price Variance May Be Caused By

question 7

Multiple Choice

A favorable materials price variance may be caused by:

• A)A reduction in suppliers causing an unexpected increase in price.
• B)Higher quality materials purchased at a higher cost resulting in fewer materials being used than expected.
• C)Highly skilled employees using fewer materials than expected.
• D)Low quality materials purchased at a lower cost than expected.
• E)None of the answer choices is correct.

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Definitions:

Contains

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The practice of showing consideration for others in social interactions, often through language and behavior.

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Acts of asking for something formally or politely.

Orders

Commands or authoritative requests for something to be done or for items to be prepared or delivered.