What would the potential trade-off be for purchasing a higher quality of direct material that costs more than the prior material, but requires a lower quantity of input, if no changes were made in the cost card for the unit? Select answer from the options below A favorable price variance and a favorable efficiency variance. A favorable price variance and unfavorable efficiency variance. An unfavorable price variance and a favorable efficiency variance. An unfavorable price variance and an unfavorable efficiency variance.

Answer rating: 100% (QA)

The correct answer is A favorable price variance and unfavorable efficiency variance Explanation A f... View the full answer