Which of the following is a possible cause of an unfavorable material price variance? A. Purchasing too
Question:
Which of the following is a possible cause of an unfavorable material price variance?
A. Purchasing too much material
B. Purchasing higher-quality material
C. Hiring substandard workers
D. Buying substandard material
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 83% (6 reviews)
D Buying substandard material An unfavorable material price variance occurs when the actual pr...View the full answer
Answered By
ROXAN VEGA
I have extensive hands-on experience and proficiency in assisting students in various subjects. During my tutoring sessions, I prioritize creating a supportive and engaging learning environment. I strive to understand each student's unique learning style and tailor my teaching methods accordingly. I am patient, empathetic, and skilled at breaking down complex concepts into simpler, more manageable parts. I encourage active participation and discussion, promoting critical thinking and problem-solving skills.
One of my strengths as a tutor is my ability to adapt to different learning needs and styles. I can explain difficult concepts using real-life examples, visual aids, or interactive exercises, depending on what works best for the student. I also provide clear explanations, answer questions, and offer guidance in a clear and concise manner.
0.00
0 Reviews
10+ Question Solved
Related Book For
Principles Of Accounting Volume 2 Managerial Accounting
ISBN: 9780357364802
1st Edition
Authors: OpenStax
Question Posted:
Students also viewed these Business questions
-
Which of the following is a possible cause of an unfavorable material quantity variance? A. Purchasing substandard material B. Hiring higher-quality workers C. Paying more than should have for...
-
1.If an analysis shows an unfavorable materials price variance of $22,000, the journal entry to record the purchase of direct materials and the related price variance would include: A.a debit to...
-
Which of the following is a possible cause of an unfavorable labor efficiency variance? A. Hiring substandard workers B. Making too many units C. Buying higher-quality material D. Paying too much for...
-
An increase in the supply of U.S. dollars by the Federal Reserve will raise the value of the dollar because it will stimulate U.S. economic growth raise the value of the dollar because it will lead...
-
Complete a vertical analysis of the assets. (Round to the nearest tenth of a percent as needed.) a. Cash ............ $ 500 b. Accounts Receivable ...... 800 c. Merchandise Inventory ..... 1,200 d....
-
What are the advantages of the simple exponential smoothing method of forecasting over the moving average technique?
-
Copy your worksheet from Question 6 into another worksheet. Change the increase from 10% to 18%. Protect the worksheet, so that changes cannot be made. Question 6 Open a new spreadsheet. Type...
-
The Battery Park Stable feeds and houses the horses used to pull tourist-filled carriages through the streets of Charleston's historic waterfront area. The stable owner, an ex-racehorse trainer,...
-
Market Dynamics (10 Points) Between 1980 and 1990, the number of employed women grew sharply but the number of women employed as secretaries actually fell. There are two theories as to why this...
-
Identify several causes of an unfavorable material price variance.
-
The fixed factory overhead variance is caused by the difference between which of the following? A. Actual and standard allocation base B. Actual and budgeted units C. Actual fixed overhead and...
-
Describe the debt-to-equity ratio and explain how creditors and owners would use this ratio to evaluate a companys risk.
-
Blue Angel Ltd, a private firm in the holiday gift industry, is considering a new project. The company currently has a target debtequity ratio of 0.40, but the industry target debtequity ratio is...
-
Assignment Problem 21 from Chapter 11 discussed the relatedness of subordinate males to breeding females in the Seychelles warbler. Five subordinates that did not help feed the offspring of the older...
-
The executives of the cement company have decided to go ahead with the investment appraisal and have retained you for the more detailed analysis. In any capital budgeting investigation, you need an...
-
This question is designed to test your understanding of the mean standard deviation diagram. (a) Draw a mean-standard deviation diagram to illustrate combinations of a risky asset and the risk-free...
-
What is a free cash flow? How do we calculate it?
-
Show the effect of each of the following transactions on the basic accounting equation, by preparing a table like the one in Exhibit 2-3. The fiscal year end of the company (which has been operating...
-
Wholesalers Ltd. deals in the sale of foodstuffs to retailers. Owing to economic depression, the firm intends to relax its credit policy to boost productivity and sales. The firms current credit...
-
Use the following information from Manuscript Companys financial records to determine net cash flows from financing activities. Repaid principal on bank loan Issued common stock, at par value...
-
When preparing the operating section of the statement of cash flows, using the indirect method, how must gains and losses be handled? Why?
-
Use the following excerpts from Eagle Companys financial records to determine net cash flows from financing activities. Acquired new plant assets Borrowed from bank, note payable Declared and paid...
-
3. Transform the following nondeterministic finite automata into deterministic finite automata accepting the same languages: (Each 1 Point, Total 3 Points) a. b. a a b b 9 a a a a
-
The following string of hex digits encodes extended ASCII characters(8 bits) in an even-parity Hamming code DF3, BCS, DD0, 8D4. Decode this string and write down the characters that are encoded. Must...
-
4. Design a 3x5x2 (meaning 3 inputs, 5 minterms and 2 outputs) AND-OR PLA (Programmable Logic Array) that implements the functions. f(a,b,c) = m(0,1,3) g(a,b,c) = m(1,2,7) 5. Design a 3x8x3 OR-AND...
Study smarter with the SolutionInn App