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Give potential reasons for the Favorable/unfavorable variences listed below: A. Direct materials price variance: (being unfavorable) (1) (2) B. Direct materials efficiency variance: (being favorable)
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Give potential reasons for the Favorable/unfavorable variences listed below: A. Direct materials price variance: (being unfavorable) | ||||
| (1) | ||||
| (2) | ||||
| B. Direct materials efficiency variance: (being favorable) | ||||
| (1) | ||||
| (2) | ||||
| C. Direct labor price variance: (being favorable) | ||||
| (1) | ||||
| (2) | ||||
| D. Direct labor effiency variance: (being unfavorable) | ||||
| (1) | ||||
| (2) | ||||
| E. Production volume variance: give ONE reason (being unfavorable) | ||||
| (1) |
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Accounting for Non-Accounting Students
Authors: John R. Dyson
8th Edition
273722972, 978-0273722977
