Favorable Material Quality
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A favorable material quality variance would occur if:
a) more material is purchased than is used
b) actual pounds of material used were less than the standard pounds allowed
c) actual labor hours used was greater than the standard labor hours allowed
d) actual pounds of material used was greater than the standard pounds allowed
I am very confused because the answers seem to run together.
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B) actual pounds of material used were less than the standard pounds allowed
We would have a favorable materials variance is the number of pounds used were less than the standard pounds. ...
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