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The Algebraic Equation for the Direct Materials Price Variance Is

Question 20

Multiple Choice

The algebraic equation for the direct materials price variance is


A) Direct materials price variance = AQpurch x AP - SP
B) Direct materials price variance = SQpurch x AP - SP
C) Direct materials price variance = SP x AQpurch - SQpurch
D) Direct materials price variance = AP x AQpurch - SQpurch

Correct Answer:

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