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    Managerial Accounting Study Set 8
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    Exam 11: Standard Costs and Variances
  5. Question
    The Direct Materials Price Variance Is the Difference Between the Actual
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The Direct Materials Price Variance Is the Difference Between the Actual

Question 36

Question 36

True/False

The direct materials price variance is the difference between the Actual Price (AP)and the Standard Price (SP), multiplied by the Actual Quantity Purchased (AQP).

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