Why are variances generally segregated in terms of a price variance and a quantity variance?

Question:

Why are variances generally segregated in terms of a price variance and a quantity variance?
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Managerial Accounting

ISBN: 978-1259024900

10th Canadian edition

Authors: Ray Garrison, Theresa Libby, Alan Webb

Question Posted: