Question: 28). a. Why could a quantity, efficiency, or price variance be favorable in the short-term, but ultimately undesirable in the long-term? b. Provide one specific,
28).
a. Why could a quantity, efficiency, or price variance be favorable in the short-term, but ultimately undesirable in the long-term?
b. Provide one specific, real-world scenario involving a short-term favorable materials quantity variance that illustrates your explanation.
c. Provide one specific, real-world scenario involving a short-term favorable labor efficiency variance that illustrates your explanation.
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
