What would cause an unfavorable price variance? When the actual usage is greater than the standard usage of an input. When the actual price is less than the standard price. O When the actual price is greater than the standard price. O None of these are correct.
What would cause an unfavorable price variance? When the actual usage is greater than the standard usage of an input. When the actual price is less than the standard price. O When the actual price is greater than the standard price. O None of these are correct.
Chapter8: Standard Costs And Variances
Section: Chapter Questions
Problem 13MC: When is the labor rate variance unfavorable? A. when the actual quantity used is greater than the...
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What would cause an unfavorable price variance? When the actual usage is greater than the standard usage of an input. When the actual price is less than the standard price. O When the actual price is greater than the standard price. O None of these are correct.
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