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Unformatted text preview: since the company could purchase material at a discount and to take the advantage of the discount they purchased the material in large quantity. The purchasing department stuck a very good bargain.-The Material Quantity Variance was Unfavorable ; this could have occurred due to poorly trained workers, defective material and improper machinery.-Both Labor Rate Variance and Labor Efficiency Variance were Unfavorable ; this could have occurred due to poor supervision, poor trained workers etc....
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This note was uploaded on 09/08/2011 for the course ACCOUNTING AC505 taught by Professor Terrymulder during the Spring '09 term at Keller Graduate School of Management.
- Spring '09
- Managerial Accounting