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  3. Study Set
    Introduction to Management Accounting Study Set 2
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    Exam 8: Flexible Budgets and Variance Analysis
  5. Question
    Materials Price Variance = Actual Price - Standard Price) X
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Materials Price Variance = Actual Price - Standard Price) X

Question 97

Question 97

True/False

Materials price variance = actual price - standard price) x standard quantity allowed.

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