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What type of direct material variances for quantity and price will arise if the actual number of pounds of material used exceeds budgeted pounds but
What type of direct material variances for quantity and price will arise if the actual number of pounds of material used exceeds budgeted pounds but actual cost per pound is less than budgeted cost per pound?
Options:
Quantity-Favorable, Price-Favorable
Quantity-Favorable, Price-Unfavorable
Quantity-Unfavorable, Price-Favorable
Quantity-Unfavorable, Price-Unfavorable
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