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A favourable material price variance could result from: i. quantity discounts ii. the use of...

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Question

Accounting

A favourable material price variance could result from:

i. quantity discounts

ii. the use of lower grade of material in production

iii. the use of higher grade of material in production

a.

i only

b.

i and iii only

c.

i and ii only

d.

i, ii and iii

Answer & Explanation Solved by verified expert
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