Question: You run a fabric store and order materials through a supplier. At the end of the month, you review your materials cost and discover that
You run a fabric store and order materials through a supplier. At the end of the month, you review your materials cost and discover that your direct materials price and quantity variances produced unfavorable results. What could be attributed to these unfavorable outcomes? How would these unfavorable outcomes impact the total direct materials variance?
And can you please explain the answer and how you got it? Thanks!
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