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Which of the following statements is true: a. The materials price variance is normally caused by the production department. b. Material quantity variances can be
Which of the following statements is true: a. The materials price variance is normally caused by the production department. b. Material quantity variances can be caused by inexperienced workers, faulty machinery, or carelessness. c. Ideal standards represent an efficient level of performance under normal operating conditions. d. An unfavorable variance suggests efficiencies in incurring costs and in using materials and labor
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