PART1

part 2

part 3

part 4

part 5

favorable material price variance [Choose] New material supplier offering lower prices new plant manager has a higher salary than plant manager recently replaced Unexpected increase in product demand Malfunctioning machinery Favorable production volume variance Unfavorable fixed overhead spending variance More labor cost than expected because more labor hours were used than allowed for actual production More labor cost than expected because the labor cost per unit of output was greater than planned. More labor cost than expected because the average cost of an hour of labor was higher than expected. Less material cost than expected because the price of materials was lower than planned. Less material cost than expected because the material cost per unit of output was lower than planned. Less material cost than expected because the amount of material needed per unit of output was lower than planned. Less variable overhead cost than expected because the variable overhead cost per unit of output was lower than expected. Less variable overhead cost than expected because the amount of overhead allocation based used for actual production was lower than expected. Less variable overhead cost than expected because the price of variable overhead inputs was lower than expected. More fixed cost per unit of output because less units of output were produced More fixed cost per unit of output because total fixed costs was greater than planned. Less revenue than expected because the actual selling price was lower than planned. Less contribution margin than expected because the actual number of units sold was lower than planned