Ask Question
25 April, 06:41

Which one of the following statements is true? Select one: a. If the materials price variance is unfavorable, then the materials quantity variance must also be unfavorable. b. If the materials price variance is unfavorable, then the materials quantity variance must be favorable. c. Price and quantity variances move in the same direction. If one is favorable, the others will be as well. d. There is no correlation of favorable or unfavorable for price and quantity variances. Check

+2
Answers (1)
  1. 25 April, 06:48
    0
    C

    Explanation:

    Price and quantity variances move in the same direction. If one is favorable, the others will be as well. This is because there is a direct relationship between price and quantity. If one is favourable the other is likely to be favourable and if one is adverse the other is likely to be adverse.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Which one of the following statements is true? Select one: a. If the materials price variance is unfavorable, then the materials quantity ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers