What would be the possible effect on the quantity and price variances respectively ?

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asked Apr 13, 2023 154k views

1 Answer

David Lyod · Answer 1 · 2023-04-19T06:42:13+0000

Answer:

The price and quantity variances are generally reported by decreasing income (if unfavorable debits) or increasing income (if favorable credits), although other outcomes are possible.

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What would be the possible effect on the quantity and price variances respectively ?

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