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Which of the Following Variances Might Be Affected by the Purchase

Question 47

Multiple Choice

Which of the following variances might be affected by the purchase of off-standard materials?
I favorable material purchase price variance
II unfavorable material quantity variance
III unfavorable labor rate variance
IV unfavorable labor efficiency variance


A) I
B) I, II
C) I, II, IV
D) I, II, III, IV

Correct Answer:

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