Multiple Choice
The algebraic equation for the direct materials price variance is
A) Direct materials price variance = AQpurch × (AP - SP)
B) Direct materials price variance = SQpurch × (AP - SP)
C) Direct materials price variance = SP × (AQpurch - SQpurch)
D) Direct materials price variance = AP × (AQpurch - SQpurch)
Correct Answer:
Verified
Correct Answer:
Verified
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