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In standard costing, a favorable variance is not always a good thing. Give an example of how a favorable direct materials price variance might end
In standard costing, a favorable variance is not always a "good" thing. Give an example of how a favorable direct materials price variance might end up being a bad thing. Notes on question 6 Make sure that the variance you describe is a materials price variance (not some other type of variance such as direct labor price variance)
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