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  3. Study Set
    Managerial Accounting Study Set 8
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    Exam 11: Standard Costs and Variances
  5. Question
    The Direct Materials Price Variance Tells Managers How Much of the Total
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The Direct Materials Price Variance Tells Managers How Much of the Total

Question 73

Question 73

True/False

The direct materials price variance tells managers 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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