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Case B To help him investigate price variances for direct materials, Harold generated the following chart. Required Based on the chart, answer the following questions.

Case B To help him investigate price variances for direct materials, Harold generated the following chart. Required Based on the chart, answer the following questions. 3. If you were trying to explain the results of these variances to the vice president of production, how would you describe it ? 4. What may result in large positive or large negative price variances ?

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