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The Materials Price Variance Is Measured As

Question 48

Multiple Choice

The materials price variance is measured as:


A) (Actual Price X Actual Quantity) - (Standard Price X Actual Quantity)
B) (Actual Price X Standard Quantity) - (Standard Price X Standard Quantity)
C) (Actual Price X Actual Quantity) - (Actual Price X Standard Quantity)
D) (Standard Price X Actual Quantity) - (Standard Price X Standard Quantity)

Correct Answer:

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