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Chapman Products has a favourable materials usage variance. Which of the following would be the most likely reason for this variance? The company purchased material
Chapman Products has a favourable materials usage variance. Which of the following would be the most likely reason for this variance?
- The company purchased material at a price for less than what was expected.
- The company's employees were less trained than expected.
- The company overbudgeted the direct labour time to manufacture each unit.
- The company's machines were better maintained resulting in less waste of materials.
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