Assertion (A): A favourable material price variance may coexist with an adverse material usage variance. Reason (R): Purchase of inferior quality materials at a lower price may increase wastage.

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Economics · Economy

Verified Solution4 OptionsUpdated: October 2026👁️1 View

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Both A and R are true and R is the correct explanation of A

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A is false but R is true

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A is true but R is false

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Both A and R are true but R is not the correct explanation of A

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