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    Financial and Managerial Accounting Study Set 11
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    Exam 23: Evaluating Variances From Standard Costs
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    If the Actual Quantity of Direct Materials Used in Producing
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If the Actual Quantity of Direct Materials Used in Producing

Question 66

Question 66

Multiple Choice

If the actual quantity of direct materials used in producing a commodity differs from the standard quantity, the variance is a _____ variance.


A) controllable
B) price
C) quantity
D) rate

Correct Answer:

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