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    Cost Accounting Foundations and Evolutions
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    Exam 7: Standard Costing and Variance Analysis
  5. Question
    The Sum of the Material Price Variance (Calculated at Point
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The Sum of the Material Price Variance (Calculated at Point

Question 19

Question 19

Multiple Choice

The sum of the material price variance (calculated at point of purchase) and material quantity variance equals


A) the total cost variance.
B) the material mix variance.
C) the material yield variance.
D) no meaningful number.

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