Solved

GEO Inc.has an Unfavourable Direct Materials Price Variance

Question 94

Essay

GEO Inc.has an unfavourable direct materials price variance.
A. Give two possible reasons for this variance.

B. Using one of the above reasons, how could this particular variance affect one of the other variances (ex. direct materials usage, direct labour rate, direct labour efficiency)?

Correct Answer:

verifed

Verified

A. (picktwo)
blured image- unexpected increase in th...

View Answer

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents