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You are here: Home   Categories   Business   Accounting  Causes material price variance?
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Submitted 121 days ago...

TradeI673

TradeI673

New User (1)

Causes material price variance?

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Answer 1 / 1 - Submitted 120 days ago...

janus

janus

New User (3)

There are a number of factors which contribute to material price variance - Here are the most important.

1) Transportation Cost is a significant contributing factor.

2) The non availability of Cash discounts

3) Substitutes for original products

4) Changes in the price of materials

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