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    Exam 25: Standard Costs and Balanced Scorecard
  5. Question
    A Materials Quantity Variance Is Calculated as the Difference Between
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A Materials Quantity Variance Is Calculated as the Difference Between

Question 122

Question 122

True/False

A materials quantity variance is calculated as the difference between the standard direct materials price and the actual direct materials price multiplied by the actual quantity of direct materials used.

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