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Business, 17.03.2020 03:28 holmesleauja

Answer the following questions using the information below:Berman's Camera Shop has prepared the following flexible budget for September and is in the processof interpreting the variances. F denotes a favorable variance and U denotes an unfavorable variance. Flexible VariancesBudget Price EfficiencyMaterial A $40,000 $1,000F $3,000UMaterial B 60,000 500U 1,500FDirect manufacturing labor80,000 500U 2,500FThe most likely explanation of the above variances for Material A is that. A) a lower price than expected was paid for Material AB) higher-quality raw materials were used than were plannedC) the company used a higher-priced supplierD) Material A used during September was $2,000 less than expected A

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