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Commerce · Q1225

Costing

Graduate and Post Graduate · Commerce · question 1225

Q1225

An unfavourable material price variance occurs because of:

A.
Price increase in raw materials
Answer
B.
Price decrease in raw materials
C.
Less than anticipated normal wastage in the manufacturing process
D.
More than anticipated normal wastage in the manufacturing process

Answer: Option A

Solution

Answer: Option A
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