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Questions and Answers
What causes material mix variance?
What causes material mix variance?
- Difference in the types of materials used (correct)
- Difference in production volume
- Difference in labor costs
- Difference in overhead expenses
How is material mix variance generated?
How is material mix variance generated?
- Using a higher proportion of high-cost materials than planned (correct)
- Having lower overhead expenses than anticipated
- Using a lower proportion of high-cost materials than planned
- Having higher labor costs than budgeted
What aspect influences material mix variance?
What aspect influences material mix variance?
- Customer service quality
- Employee training programs
- Marketing strategies
- Choice of materials used in production (correct)
