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Use the Information Below to Answer the Following Questions

Question 48

Multiple Choice

Use the information below to answer the following questions. Use the information below to answer the following questions.   -Refer to the table above. The raw materials variance can best be described as: A)  an adverse variance resulting from excessive use of raw materials. B)  a favourable variance resulting from efficient use of raw materials. C)  an adverse variance resulting from a rise in the price of raw materials. D)  an adverse variance resulting from excessive use of raw materials and/or an increase in their price.
-Refer to the table above. The raw materials variance can best be described as:


A) an adverse variance resulting from excessive use of raw materials.
B) a favourable variance resulting from efficient use of raw materials.
C) an adverse variance resulting from a rise in the price of raw materials.
D) an adverse variance resulting from excessive use of raw materials and/or an increase in their price.

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