The variances that we have considered are: sales volume sales price direct materials usage
Question:
The variances that we have considered are:
● sales volume
● sales price
● direct materials usage
● direct materials price
● direct labour efficiency
● direct labour rate
● fixed overhead spending.
Assuming that the budget targets are reasonable, jot down some possible reasons for adverse variances for each of the above occurring.
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Step by Step Answer:
The reasons that we thought of included the following Sales volume Poor performance by sales staff D...View the full answer
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Related Book For 
Accounting An Introduction
ISBN: 9780273733201
5th Edition
Authors: Eddie McLaney, Dr Peter Atrill, Eddie J. Mclan
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