Question: When machine - hours are used as a cost allocation base, the item MOST likely to contribute to a favourable production - volume variance is

When machine-hours are used as a cost allocation base, the item MOST likely to contribute to a favourable production-volume variance is
an increase in the selling price of the product.
the purchase of a new manufacturing machine costing considerably less than expected.
a decline in the cost of energy.
strengthened demand for the product.
a competitor lowering the price of a similar product.
When machine - hours are used as a cost

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