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  3. Study Set
    Managerial Accounting
  4. Exam
    Exam 11: Standard Costs and Variances
  5. Question
    Price Variances for Direct Materials Shows How Much of the Total
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Price Variances for Direct Materials Shows How Much of the Total

Question 154

Question 154

True/False

Price variances for direct materials shows how much of the total variance is due to paying higher or lower prices than expected for the direct materials purchased.

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