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    Business
  3. Study Set
    Managerial Accounting
  4. Exam
    Exam 11: Standard Costs and Variances
  5. Question
    The Direct Materials Price Variance Is (Actual Price-Standard Price)times Actual
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The Direct Materials Price Variance Is (Actual Price-Standard Price)times Actual

Question 53

Question 53

True/False

The direct materials price variance is (actual price-standard price)times actual quantity purchased.

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