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STANDARD COSTS, VARIANCES, AND FLEXIBLE BUDGETS What about the situation in which the materials price variance is favorable and the materials quantity variance is unfavorable?

STANDARD COSTS, VARIANCES, AND FLEXIBLE BUDGETS

What about the situation in which the materials price variance is favorable and the materials quantity variance is unfavorable?

What are some other factors that can lead to an unfavorable quantity variances?

How should variances be used by a company?

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