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A) A favorable materials price variance may be caused by 1. excessive rework 2. use of experienced workers 3. none of the responses are correct
A) A favorable materials price variance may be caused by
1. excessive rework
2. use of experienced workers
3. none of the responses are correct
4. a special price offered by suppliers
B) which is not a characteristic of a traditional cost system
1. it uses unit-based activity drivers to assign overhead to products
2. it offers greater product costing accuracy than an activity-based costing system
3. it is cheaper than an activity-based costing system
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