List three causes of a favorable direct materials price variance?
- Purchasing officer negotiated more skillfully than was planned in the budget,
- Purchasing manager bought in larger lot sizes than budgeted, thus obtaining quantity discounts,
- Materials prices decreased unexpectedly due to, say, industry oversupply,
If the answers is incorrect or not given, you can answer the above question in the comment box. If the answers is incorrect or not given, you can answer the above question in the comment box.