Economics · Cost Accounting
Which of the following causes a material price variance?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Carelessness in the use of material
- 2Loss of cash discount due to unfavorable purchasing terms or delays✓
- 3Pilferage of materials
- 4Non-standard material mixture
Correct answer
Loss of cash discount due to unfavorable purchasing terms or delays
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