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.

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
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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