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Actual production 40000 actual sales price 7 Standard sales price 7

Based on information the variance is A- favorable because of inflation status B- unfavorable because of inflation status C- favorable because of high quality D- neither Favorable nor Unfavorable

Accounting Cost Accounting Financial Accounting CMA Costing
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Question added by Ahmed kandil , Cost Controller , Battour Holding Cpompany
Date Posted: 2015/03/19
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FITAH MOHAMED
by FITAH MOHAMED , Financial Manager , FUEL AND ENERGY CO for transportion petroleum materials

D- neither Favorable nor Unfavorable

VENKITARAMAN KRISHNA MOORTHY VRINDAVAN
by VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.

Option >>>>>>>>>>>>   D- neither Favorable nor Unfavorable

asber shaabo
by asber shaabo , ادارة -محاسبة - متابعة شؤون الفندق لدى القطاع العام و الخاص , فندق عينكاوة باﻻص - فندق ارابيﻻ غراند -نقابة محامي كردستان العراق

I did not know the meaning of the question

Ahmed kandil
by Ahmed kandil , Cost Controller , Battour Holding Cpompany

Correct answer is ( D ) ....

Ahmed Abdi Mahad
by Ahmed Abdi Mahad , Director of Internal Auditing Directorate , Jigjiga University

If actual price is equal to standard price then the variance is equal to zero which means the variance is neither favorable nor unfavorable. So, choice D is the correct answer for this question.

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