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  3. Study Set
    Cost Accounting Foundations and Evolutions
  4. Exam
    Exam 7: Standard Costing and Variance Analysis
  5. Question
    The Price Variance Reflects the Difference Between the Quantity of Inputs
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The Price Variance Reflects the Difference Between the Quantity of Inputs

Question 89

Question 89

True/False

The price variance reflects the difference between the quantity of inputs used and the standard quantity allowed for the output of a period.

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